NSE:BANKNIFTY   Nifty Bank Index
BUY ABOVE - 47900
SL - 47730
TARGETS - 48050,48220,48460

SELL BELOW - 47730
SL - 47900
TARGETS - 47560,47400,47200

NO TRADE ZONE - 47730 to 47900

Previous Day High - 47900
Previous Day Low - 47570

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

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