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Banknifty view for 08/04/22.

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Moving Averages Multiple Time Frame Analysis nifty50 BANKNIFTY niftyanalysis niftybank bankniftytradesetup bankniftyanalysis bankniftytrading bankniftytrend bankniftyview
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supportandresistance movingaverage mtfa nifty50 banknifty niftyanalysis niftybank bankniftytradesetup bankniftyanalysis bankniftytrading bankniftytrend bankniftyview
Bank nifty trading in a big range and closed almost flat forming a shooting star candle in daily time frame.

On 15 minutes time frame, it closed below its 20 ema.

Support :- 37374, 37000
Resistance :- 37800, 38000, 38200

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

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