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Banknifty view for 16/06/22

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Moving Averages Candlestick Analysis BANKNIFTY bankniftytrend bankniftytradesetup NIFTY bankniftyanalysis bankniftytrading bankniftyview bankniftyoptions bankniftylevels
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supportandresistance movingaverage candlestick banknifty bankniftytrend bankniftytradesetup nifty bankniftyanalysis bankniftytrading bankniftyview bankniftyoptions bankniftylevels
Banknifty has formed an inside candle and closed flat with just 27 points gains

Both the indices consolidated in a range and gave a flat closing.

The market consolidated while day near 15 minute 20 ema and closed below it.

The range is wide and tomorrow is weekly expiry. Watch for a break out/ down as market can be trending in the second half.

Support:- 33210, 33000
Resistance:- 33580, 34000

Wait for the price action near the levels before entering the markets.

Idées en relation

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COLPAL forming bearish flag.
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