NIFTY SPOT VIEW-23RD MAY 2022

Well after heavy selling nifty took breath around critical support level,according to me and my experience I think Nifty try to find the bottom for short term basis.If nifty able to hold the recent low and broke the 16400 then a up side rally will start soon,otherwise we may see a range bound market for next couple of days.

I am short term bullish on Hdfc bank if hold the recent low

here is the chart of hdfc bank

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