Banknifty view for 16/06/22

Banknifty has formed an inside candle and closed flat with just 27 points gains

Both the indices consolidated in a range and gave a flat closing.

The market consolidated while day near 15 minute 20 ema and closed below it.

The range is wide and tomorrow is weekly expiry. Watch for a break out/ down as market can be trending in the second half.

Support:- 33210, 33000
Resistance:- 33580, 34000

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