Banknifty view for 21/04/22
BankNifty is trading near its 20 ema on 15 minute time frame.
It looks bearish on daily time frame, as there is moving average bearish cross over.
The market gapped up but tested the support of 35950.
Support :- 36200, 36000-35945
Resistance:- 36380, 36500
Wait for the price action near the levels before trading.
It looks bearish on daily time frame, as there is moving average bearish cross over.
The market gapped up but tested the support of 35950.
Support :- 36200, 36000-35945
Resistance:- 36380, 36500
Wait for the price action near the levels before trading.
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