Market View for 17th March,2022.

🧊Market View for 17th March, 2022

BANKNIFTY ⚡️

Support : 35540-35500
Resistance : 36255-36285
Chart : https://www.tradingview.com/x/Enxut5Ji/ [Hourly]

NIFTY ⚡️

Support : 16930-16910
Resistance : 17170-17200
Chart 1 : https://www.tradingview.com/x/gCaA0Z50/ [Hourly]
Chart 2: https://www.tradingview.com/x/M4krPHUv/ [Daily]

OUR VIEW 🌟

Well Well, We were just going through our feed and saw many tweets reading 18000 coming, FIIs have started buying. [Yesterday’s Market View]
We sense if we open gap up this will be the best trap set by the biggies for retail, as they might enter late as usual to the party and create longs and get butchered by day end.
So expecting the Gap-Up to not sustain.
Also Remember major trend is still bearish although we see strength in charts but we need a pull back desperately even if we want to regain 17400.
BTW MAJOR TREND IS STILL BEARISH.