Nifty50 and Bank nifty technical analysis for 19th June

Banknifty spot made high of 30550 and Low 30222 and closed at 30351.

Inverted Hammer was made on the daily chart which is a sign of downtrend ends. 

Banknifty  Daily Candlestick Chart

Banknifty spot has taken support at 30240. If hold this level then we may see 30600 again otherwise towards 29754 quickly.

Banknifty Spot Intraday for 19th June -Wednesday

Buy above 30420  Target 30510 30600  30690 

Sell below  30240  Target 30159  30078  29997

Nifty Spot Intraday for 19th June -Wednesday

Buy above 11718  Target  11763  11808 

Sell below  11646 Target   11610  11574


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