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Mambotrade
Apr 17, 2022 10:07 AM

Bank nifty view for 18/04/22. 

Nifty Bank IndexNSE

Description

Bank nifty has been trading in a wide price range .

Weekly analysis shows a touch at 0.382 fib level.
On 15 minutes time frame, the market has closed below its 20 and 200 ema.

Support :- 37344, 37000
Reistance :- 37580, 37800.

Market can break the levels and can be trending in the coming week.
Wait for the price action near the levels before entering any trade.


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