Nifty, Bank Nifty, Support, Resistance, Put Call Ratio Prediction for 23 March

Nifty, Bank-Nifty Prediction Forcast 

Stock Market Data- Our goal is to provide the Nifty and Bank Nifty support and resistance level and trade data of FII and DII on daily basis at one place. Please have a look and set your goal for tomorrow.

Today both Nifty and Bank Nifty opened flat and formed a Green candle.

If we talk about Nifty, It closed above the all-(9,20,50,100,200)ema but it couldn’t break the previous candle’s high. If we talk about the candlle formed in 1-day chart, we can see mementum is bullish here but be cautious bcoz it didn’t break the previous candle high. If it break the high of its previous candle tomorrow, then movement would be green i.e bullish.

Same candle is formed in Bank Nifty, it also could not break the previous candle’s but formed a bullish hammer so momentum is bullish here also. Bank Nifty it’s trading above the 200-ema which could be a good sign for investment,

Based on the data, market may open gap-up and chance of closing up is high. Do your research and take your own decision.

Nifty on 22 March  2022 Key NoteStrength
Crucial Support for 23 March
1st Support17250Strong
2nd Support17180Strong
3rd Support17100Very Strong
Crucial Resistance 23 March
1st Resistance17350Weak
2nd Resistance17430Strong
3rd Resistance17490Very Strong
Bank Nifty 22 March  2022Key NoteStrength
Crucial Support for 23 March
1st Support35950Weak
2nd Support35700Strong
3rd Support35350Very Strong
Crucial Resistance 23 March
1st Resistance36650Strong
2nd Resistance36860Strong
3rd Resistance37200Very Strong
PCR Weekly Expiry 22 March  2022Ratio
Bank Nifty0.80
Sentiment- Bullish
PCR Monthly Expiry – 22 March  2022Ratio
Bank Nifty0.97
Sentiment- Neutral
FII DII  Position – 22 March  2022Buying/Selling
CashNet Value(Cr)
FutureNet Value(Cr)
OptionsNet Value(Cr)


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