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Nifty view for 17/06/22

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Candlestick Analysis Multiple Time Frame Analysis NIFTY BANKNIFTY niftyanalysis niftytrend niftybank niftyprediction niftyoutlook niftyview niftytradesetup
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supportandresistance candlestick mtfa nifty banknifty niftyanalysis niftytrend niftybank niftyprediction niftyoutlook niftyview niftytradesetup
Nifty from the day high has fallen around 500 points and forming a bearish engulfing candle.

Market after touching the resistance level of 15780 dropped sharply.

The market couldn’t sustain its support and looks bearish as its next support is far off.

Support:- 15125, 14950
Resistance:- 15530, 15625

Wait for the price action near the levels before trading the markets.

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