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Mambotrade
Apr 8, 2022 10:19 AM

Banknifty view for 11/04/22 

Nifty Bank IndexNSE

Description

Bank nifty is still confusing and is consolidating .

Nifty has given a strong closing today but bank nifty is forming an inside candle on daily chart frame.

If bank nifty breaks the consolidation range of 37430-37850, it can be trending.

Support :- 37375, 37000
Resistance:- 37800, 38000, 38150

Market can give a good move either side as it has consolidated.

Wait for the price action near the levels before entering the trade.
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