manuagarwal21

BANKNIFTY Levels for 20 April 2022

NSE:BANKNIFTY   Nifty Bank Index
  • Banknifty opened a slight gap up.
    Tried to hold the support mentioned in the previous posts( refer to the linked post)
    Weakness started to creep in post 2:00 P.M and the support was broken aggressively.

Now What's for tomorrow.
Considering today's price action, we can see further sell-off tomorrow up till the next support levels i.e. 35540- 35400

Resistance at 36800- 36900
Expecting high volatility tomorrow, considering the wide Support and Resistance Range - 36900 to 35400.



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