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Banknifty view for 19/04/22

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Moving Averages Support and Resistance Candlestick Analysis niftyanalysis bankniftytrend bankniftytradesetup niftytrend bankniftytrading niftyprediction bankniftyview bankniftyanalysis bankniftyoptions
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movingaverage supportandresistance candlestick niftyanalysis bankniftytrend bankniftytradesetup niftytrend bankniftytrading niftyprediction bankniftyview bankniftyanalysis bankniftyoptions
Bank Nifty is taking resistance from its 20 ema on a 15 minute time frame.

Todays candle show some confusion as it has formed a doji and has closed between its 20 and 200 ema.

On 60 minute and 4 hour time frame, Banknifty is taking resistance from its 200 ema.

Support :- 36650, 36380
Resistance:- 37000, 37330

The market has been opening gap up or down.

Wait for the levels to be tested and confirm with the price action near support and resistance.

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