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Jagadheesh_JP
Jan 16, 2024 5:27 PM

BANK NIFTY INTRADAY LEVELS FOR 17/01/2024 

Nifty Bank IndexNSE

Description

BUY ABOVE - 48200
SL - 48050
TARGETS - 48310,48440,48620

SELL BELOW - 48050
SL - 48200
TARGETS - 47880,47750,47650

NO TRADE ZONE - 48050 to 48310

Previous Day High - 48250
Previous Day Low - 47880

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.

Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.


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