Banknifty view for 27/07/22.

Banknifty on daily time frame has formed en evening star pattern.

The market has taken a halt after a nice movement.

On an hourly time frame analysis, market has closed below its 20 ema and has closed near its day low.

The market on a smaller time frame looks bearish.

Support :- 36285, 36075
Resistance :- 36475, 36900

Wait for the price action near the price level before entering the markets