For the second consecutive day, BankNifty closed above the psychological level of 50,000. The weekly trend (50 SMA) is positive, and the daily trend is sideways.
Intraday Support Levels:
Near Support/Demand Zone (15m): 50,339 - 50,403
Far Small Support/Demand Zone (15m): 50,186 - 50,266
Far Support/Demand Zone (15m): 49,693 - 49,779
Intraday Resistance Levels:
Near Resistance/Supply Zone (125m): 50,619 - 51,133.20
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20
Intraday Support Levels:
Near Support/Demand Zone (15m): 50,339 - 50,403
Far Small Support/Demand Zone (15m): 50,186 - 50,266
Far Support/Demand Zone (15m): 49,693 - 49,779
Intraday Resistance Levels:
Near Resistance/Supply Zone (125m): 50,619 - 51,133.20
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.