17th February' 2023 (Evening)
17th February' 2023 (Evening) -- | Written at 7.00 PM on 19th February' 2023 | Markets on Friday were generally weak and most of the indices were weak. This week being the last week of this trading month and also loaded with multiple important events globally led to some caution amongst global investing community. In the Indian markets, Nifty was strong on weekly chart and weak on the daily chart. On the daily chart it made a strong bearish candle, though staying above an important level. This was back to back the second day of losses on Nifty. Nifty Supports :- First supp - 17880 / Second supp - 17725 / Strong supp - 17350 Nifty Resistance :- First Res - 18050 / Second Res - 18150 / Strong Res - 18200 Bank Nifty on the other hand was weak and made a bearish engulfing candle on the weekly chart. On the daily chart it broke down on an important level and now shows the following levels.. BankNifty Supports :- First supp - 40875 / Second supp - 40600 / Strong supp -...