On Tuesday, BankNifty remained range-bound for the third consecutive day, neither breaking below the 125m support zone nor surpassing the high of July 5th. The weekly and daily trends (50 SMA) are still positive.
All support and resistance levels remain the same as mentioned in the last post:
Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379
Far Support/Demand Zone (75m): 51,510 - 51,784
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near Small Supply/Resistance Zone (30m): 53,064 - 53,188
All support and resistance levels remain the same as mentioned in the last post:
Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379
Far Support/Demand Zone (75m): 51,510 - 51,784
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near Small Supply/Resistance Zone (30m): 53,064 - 53,188
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.