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BANKNIFTY CHART ANALYSED FOR 12th APRIL

NSE:BANKNIFTY   NIFTY BANK
CURRENTLY IN NO TRADING ZONE from level 32375-32570

Reason why market can trap you real bad in upcoming trading sessions!

Global sentiments looks real position as DOW JONES now trading at their all time high but the domestic sentiments looks just the opposite as rise in both COVID cases and deaths in the country leading to lockdowns in many states is really frightening!!

32375 acted as an UNSURMOUNTABLE SUPPORT as bears are trying to take market down since last month

Current both BEARS AND BULLS are fighting, hence its better to avoid still the winner is declared!!✅

Important levels already mentioned in charts ✅

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