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manuagarwal21
Apr 20, 2022 4:35 PM

Banknifty for 21 April 2022 Short

Nifty Bank IndexNSE

Description

Today's Price Action
Opened slight gap-up.
Resisted at previous support turned resistance [ 36430-36530].
Traded within the range of the previous candle.

Support at 35530-35410
Further Resistance at 36920 - 37050.

Price action still looks weak, chances are still high that we could see further sell-off to the next support levels.

Recovery can come only if the price opens above or sustains above 36500 levels.
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