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BANKNIFTY CHART ANALYSED FOR 7th APRIL

NSE:BANKNIFTY   NIFTY BANK
BANKNIFTY really weak as of now!!
But we’ll wait for the bearish conformation!!

As of now 32400-32370 is acting as a strong support!!
As last day’s low is still protected

Market being on bearish sentiments since last few days, if these level breaks I don’t think bulls would be anymore interested but we must keep in mind that the space created by BANKNIFTY after breakout has already been filled and further break from this level will not be unidirectional fluid move but will hit many supports in upcoming trading sessions 🚨

Currently on NO TRADING ZONE between 32375-32600, won’t recommend buying now unless 32600 is breached with candle close for quick profits

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