Banknifty on day to day closing is only 90 points down and has formed a hanging man candle.
Both the indices consolidated in a range and gave a flat closing.
Market on 15 minute time frame closed near its 20 ema. Still not sustaining above the levels
Support:- 33210, 33000
Resistance:- 33580, 34000
Markets can remain bearish and volatile for tomorrow.
Wait for the price action near the levels before entering the markets.
Both the indices consolidated in a range and gave a flat closing.
Market on 15 minute time frame closed near its 20 ema. Still not sustaining above the levels
Support:- 33210, 33000
Resistance:- 33580, 34000
Markets can remain bearish and volatile for tomorrow.
Wait for the price action near the levels before entering the markets.
