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Banknifty view for 02/07/22

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Multiple Time Frame Analysis Candlestick Analysis BANKNIFTY NIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyoptions bankniftylevels
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supportandresistance mtfa candlestick banknifty nifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyoptions bankniftylevels
Banknifty has formed a nice bullish candle and remained in green whole day after initial profit booking.

On hourly analysis the market consolidated in the last hour of trading session and a bullish moving averages crossing over is there.

Banknifty touched 37900 and can consolidate tomorrow

Markets are still bullish and can retest before giving another move.

Support:- 37950-38000, 38800
Resistance:- 37400, 37160

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

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