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[INTRADAY] #BANKNIFTY PE & CE Levels(12/08/2024)
Nifty Bank Index
[INTRADAY] #BANKNIFTY PE & CE Levels(12/08/2024)
By TradZoo
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Aug 12
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Aug 12
Bank Nifty Opening Outlook:
Opening:
Expected to be flat.
Upside Potential:
If Bank Nifty sustains above the 50,550 level, an upside rally up to 50,950 is anticipated.
Strong resistance is expected at the 51,000 level.
Downside Potential:
If Bank Nifty starts trading below the 50,450 level, a downside move of 400-500 points is possible.
The 50,000 level will act as a support for today’s session.
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