Bank nifty setup for 29/03/2022
Bank nifty has given a big up and down movement today.
On 4 hour time frame, market has closed above the 20 ema.
India vix was down today and market are green after a sudden downfall in the morning.
There is a bullish momentum in the market.
Resistance :- 35800, 35930-40, 36130
Support :- 35630, 35450-35500.
Wait for the candlestick pattern to form near the levels before entering the trade.
On 4 hour time frame, market has closed above the 20 ema.
India vix was down today and market are green after a sudden downfall in the morning.
There is a bullish momentum in the market.
Resistance :- 35800, 35930-40, 36130
Support :- 35630, 35450-35500.
Wait for the candlestick pattern to form near the levels before entering the trade.
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