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Bank nifty view for 18/04/22.

NSE:BANKNIFTY   Nifty Bank Index
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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