Market has consolidated on the last trading day in a very narrow range.
Bank nifty opened nearly 600 point above the previous closing and consolidated forming a triple top in a hourly time frame.
Support level of day was formed near 36470 and during the closing hour it slipped down and closed below the support level.
Support :- 36375, 36267
Resistance :- 36650, 37320
The market is a bit volatile. Trade according to the candlestick chart patterns formed near the crucial levels.
Bank nifty opened nearly 600 point above the previous closing and consolidated forming a triple top in a hourly time frame.
Support level of day was formed near 36470 and during the closing hour it slipped down and closed below the support level.
Support :- 36375, 36267
Resistance :- 36650, 37320
The market is a bit volatile. Trade according to the candlestick chart patterns formed near the crucial levels.
