Banknifty has traded in red last week, it may consolidate and might give some retracement. Market consolidated today and took support from its 32450 support
On an hourly time frame, market couldn’t cross its 20 ema and closed with some minor fall of 50-60 points
The market moved on the upper side and crossed its 20 ema on 15 minute time frame.
Support:- 32450, 32170
Resistance:- 33020, 33210
Wait for the price action near the levels before entering the markets.
On an hourly time frame, market couldn’t cross its 20 ema and closed with some minor fall of 50-60 points
The market moved on the upper side and crossed its 20 ema on 15 minute time frame.
Support:- 32450, 32170
Resistance:- 33020, 33210
Wait for the price action near the levels before entering the markets.
