Banknifty view for 20/04/22.
Banknifty has dropped 1000 points in last trading hour.
The market looks bearish for tomorrow as it has broken the 200 ema on 1 hour time frame.
Market can consolidate or move even further down to the levels of 35600.
Support :- 35945, 35600
Resistance :- 36200, 36380
The market has dropped and the trend can continue.
Wait for the price action near the levels before trading the markets.
The market looks bearish for tomorrow as it has broken the 200 ema on 1 hour time frame.
Market can consolidate or move even further down to the levels of 35600.
Support :- 35945, 35600
Resistance :- 36200, 36380
The market has dropped and the trend can continue.
Wait for the price action near the levels before trading 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.