Deciphering the Election Drama in Stock Markets.

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Overall Looks like Nifty & Bank Nifty are poised for a good capped move.
Nifty is at a crux position, at a strong support of 22525 level and has a resistance at 22600. Above 22600 it should easily move to 22900 / 23000 level, Nifty has resistance at 23000 in Option Chain.
Bank Nifty is poised to give a good move upside, any close above 49100 will open doors for 49900 level which also gives a breakout of a cup and handle pattern which opens more upside in bank nifty till 52000/53000 in coming time. Down side is support area is 47500-46500 level.
#nifty #niftyanalysis #niftyprediction #banknifty #cupandhandlepattern #subscribe #election #loksabhaelection2024 #calls #puts #uptrend #investingstrategy #abkibaarphirmodisarkar

[@marpurakesh9]

Super views bro