Banknifty view for 12/04/22.
Banknifty has been trading in a range and has consolidated for 3-4 trading days.
If the price breaks the level of 37375, it will break the support zone and 200ema on 15 minute time frame.
Support :- 37375, 37000
Resistance:- 38940, 38150.
Banknifty can be trending as it has consolidated. Just wait for the price action before entering the trade.
If the price breaks the level of 37375, it will break the support zone and 200ema on 15 minute time frame.
Support :- 37375, 37000
Resistance:- 38940, 38150.
Banknifty can be trending as it has consolidated. Just wait for the price action before entering the trade.
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