Bank nifty on a smaller time frame, looks bullish as it has closed above 20 ema on a 15 minute chart.
On daily analysis, it has closed below its 200 ema and a bearish crossover of moving averages is there.
Banknifty has closed below the resistance levels of 36200.
Support :- 35950, 35600
Resistance :- 36200, 36380
Today nifty and bank nifty were in different direction.
Wait for a price action near the levels before trading the markets.
On daily analysis, it has closed below its 200 ema and a bearish crossover of moving averages is there.
Banknifty has closed below the resistance levels of 36200.
Support :- 35950, 35600
Resistance :- 36200, 36380
Today nifty and bank nifty were in different direction.
Wait for a price action near the levels before trading the markets.
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