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Mambotrade
Jun 14, 2022 10:49 AM

Banknifty view for 15/06/22 

Nifty Bank IndexNSE

Description

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.
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