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Banknifty view for 31/05/22.

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Multiple Time Frame Analysis Moving Averages BANKNIFTY bankniftytrend NIFTY bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyview bankniftyoptions bankniftylevels
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supportandresistance mtfa movingaverage banknifty bankniftytrend nifty bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyview bankniftyoptions bankniftylevels
Bank nifty opened gap up but couldn't hold the level of 36000.
Bank nifty was weak as conpare to nifty and closed below its 200 DMA.

On 15 minute analysis, it closed below 20 ema.

Support :- 35800, 35660, 35400
Resistance :- 36000, 36230

Nifty and banknifty both traded in opposite directions.

Wait and watch the price action near the levels before trading the market.

Idee correlate

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