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Banknifty view for 14/06/22

NSE:BANKNIFTY   Nifty Bank Index
Banknifty on day to day closing, closed 1000+ points down and is trading below its 200 DMA.

The market in the last hour recovered some points but still trading in a range.

Market on 15 minute time frame closed near its 20 ema. Still no clear indication of a up move in near future.

Support:- 33210, 33000
Resistance:- 33580, 33750, 34000

Markets can remain bearish and volatile for tomorrow.

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

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