NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
THHE DEX SHOWED A RESSISTANCE AT 36500 LEVEL . THE SUPPORT LEVEL FOR NOW IS 33000 AS PREVIOUSLY IT WAS THE LEVEL AT WHICH WE SAW A BREAKOUT FROM CURRENT LEVEL OF 33850-33900 IT COULD BE SHORTED FOT A SHORT TERM TGT OF 33000 AS IT IS TRADING BELOW IITS 20 EMA AND RSI IS ALSO SHOWING A DOWNTREND. IF THE 33000 LEVEL IS BREACHED AND IT COULDNT SUSTAIN THE 33000 LEVEL THAT IT CAN GO DOWN TO 32500-32000.

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