Banknifty on daily time frame has formed en evening star pattern.
The market has taken a halt after a nice movement.
On an hourly time frame analysis, market has closed below its 20 ema and has closed near its day low.
The market on a smaller time frame looks bearish.
Support :- 36285, 36075
Resistance :- 36475, 36900
Wait for the price action near the price level before entering the markets
The market has taken a halt after a nice movement.
On an hourly time frame analysis, market has closed below its 20 ema and has closed near its day low.
The market on a smaller time frame looks bearish.
Support :- 36285, 36075
Resistance :- 36475, 36900
Wait for the price action near the price level before entering the markets
