BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [16-06-2022]

2022年6月16日

BANKNIFTY1!

The market has been moving in a range and refusing to break the 33200 support zone multiple times.
the bounce back is expected from this level.
but the downtrend is still intact unless it breaks any swing high and forms a higher low.
please find necessary support and resistance on the chart.

NIFTY

nifty major support 15650 tested multiple times and rebounded.
sgx nifty signalling a positive start today any long should be only above 15900- 15950.

happy trading , keep learning