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Mambotrade
Apr 3, 2022 2:40 PM

Banknifty view for week 04/04/22 

Nifty Bank IndexNSE

Description

Bank nifty on multiple time frame seems bullish.

On a weekly time frame, it has crossed its 20 ema and has sustained above the level.

It can remain bullish or can retest and achieve higher levels.

Resistance :- 37374, 37800, 38000
Support:- 37000, 36600, 36380

Wait and watch for the price action near the levels before entering any trade.
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