Morning Market View:

Nifty have managed to hold on to the crucial support zones of 22900-23000 levels in the last session and is expected to trade with positive bias in the today’s trade after the recent fall in the crude oil prices overnight. The support for the index is around 22900 while 23400-23450 is the immediate resistance zones. Bank Nifty is expected to open with gap up in the today’s trader tracking stable sentiment after the massive sell off in the last session. Immediate support is seen in the lower range 53000-53100, while resistance is placed near recent highs where selling pressure could emerge gain on the charts.