Mambotrade

Banknifty view for 24/06/22

NSE:BANKNIFTY   Nifty Bank Index
Bank nifty has been consolidating on daily time frame and was volatile while day give a nice 500 points move up and down.

The market on, the hourly time frame, has crossed its 20 ema and sustained above it.

The market has been taking resistance from its 15 minute 200 ema.

Support:- 33025, 32950
Resistance:- 33210, 33440.

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

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