BankNifty gained 4.5% yesterday and closed inside the 15-minute resistance zone mentioned in the last post. If it breaks above 49,700, we might see selling pressure at the daily resistance zone starting at 50,092.
Support Levels:
Near Support Zone (30m) for Intraday: 47,386 - 48,000
Near Support Zone (15m) for Intraday: 46,511 - 46,833
Near Support Zone (Daily): 45,661 - 46,330 (remains the same)
Far Support Zone (Weekly): 42,105 - 43,915
Resistance Levels:
Near Resistance Zone (15m) for Intraday: 48,986 - 49,700 (remains the same)
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20
Support Levels:
Near Support Zone (30m) for Intraday: 47,386 - 48,000
Near Support Zone (15m) for Intraday: 46,511 - 46,833
Near Support Zone (Daily): 45,661 - 46,330 (remains the same)
Far Support Zone (Weekly): 42,105 - 43,915
Resistance Levels:
Near Resistance Zone (15m) for Intraday: 48,986 - 49,700 (remains the same)
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20
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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.