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Support- 33000 Resistance- 33800 The same inverted hammer app | Stock Shiksha

Support- 33000
Resistance- 33800

The same inverted hammer appeared in Banknifty too so, reversal can be expected in banknifty also. If banknifty comes near 33000-33200 range then buyers can go for position in long side with stop loss below 33000 on closing basis. On higher side, 33800 will be resistance area where we can expect fall again. Selling can be done near resistance. PCR for banknifty is 0.61 which is oversold. Trade with caution as volatile session we can expect.