Banknifty on day to day closing is only 90 points down and has formed a hanging man candle.
Both the indices consolidated in a range and gave a flat closing.
Market on 15 minute time frame closed near its 20 ema. Still not sustaining above the levels
Support:- 33210, 33000
Resistance:- 33580, 34000
Markets can remain bearish and volatile for tomorrow.
Wait for the price action near the levels before entering the markets.
Both the indices consolidated in a range and gave a flat closing.
Market on 15 minute time frame closed near its 20 ema. Still not sustaining above the levels
Support:- 33210, 33000
Resistance:- 33580, 34000
Markets can remain bearish and volatile for tomorrow.
Wait for the price action near the levels before entering the markets.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.