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.
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.
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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.