🧊Market View for 16th March, 2022 :
BANKNIFTY ⚡️ Support : 34800-34760 Resistance : 35650-35680 Chart : https://www.tradingview.com/x/tGMnEoOO/

NIFTY ⚡️ Support : 16600-16560 Resistance : 17040-17060 Chart : https://www.tradingview.com/x/532mtcDE/

OUR VIEW 🌟 Yesterday’s bearish view and levels worked nicely! Today it seems we might open gap-up. Not expecting the Gap-UP to sustain. However if Yesterday”s High [16928] gets taken out and we get a close above it. We will have to believe that bulls have taken over. With VIX still being above 25 Trim your QTY and Keep Wide SLs.
Major trend is bearish so always remember this! So don’t do blind buying! We expect 15400 and below levels in few weeks.
OUR BIAS | SIDEWAYS TO BEARISH ⚡️ Will post live updates of #Nifty and #Banknifty in live market on our Telegram Channel | https://telegram.me/chartians