Myfinancialpedia Pre Market Report | 21 September 2022

Myfinancialpedia Pre Market Report

Nifty
Support 17500, 17350
Resistance 17800, 18000

Bank Nifty
Support 40700, 40300
Resistance 41400, 41850

As we mentioned yesterday and the day before yesterday there were market side wedges. 17800 is resistance. Today is the FED event and the gap of 80 to 100 points is coming down. If a large candle is formed in the first hour, the market can move in the same candle for the whole day.