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Banknifty view for 01/07/22
Nifty Bank Index
Banknifty view for 01/07/22
By Mambotrade
Följ
Följ
30 juni 2022
0
Heja
Heja
30 juni 2022
Banknifty on a monthly candle has closed below its 20 ema and has fallen 5.8% on month to month.
Still Banknifty couldn’t close above its 20DMA.
On 15 minute time frame, there is a bearish moving average crossover and the market took a nice resistance from its 20ema.
Support:- 33210, 33370,
Resistance:- 33480, 33520, 33750
There is no clear trend for market on day to day analysis.
Wait for the price action near the levels before entering the markets.
BANKNIFTY
bankniftyanalysis
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Moving Averages
Multiple Time Frame Analysis
NIFTY
Support and Resistance
Mambotrade
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