Mambotrade

Banknifty view for 20/04/22.

NSE:BANKNIFTY   Nifty Bank Index
Banknifty has dropped 1000 points in last trading hour.

The market looks bearish for tomorrow as it has broken the 200 ema on 1 hour time frame.

Market can consolidate or move even further down to the levels of 35600.

Support :- 35945, 35600
Resistance :- 36200, 36380

The market has dropped and the trend can continue.

Wait for the price action near the levels before trading the markets.

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