Jagadheesh_JP Updated   
NSE:BANKNIFTY   Nifty Bank Index
BUY ABOVE - 47500
SL - 47360
TARGETS - 47640,47750,47880

SELL BELOW - 47360
SL - 47500
TARGETS - 47200,47080,46900

NO TRADE ZONE - 47360 to 47500

Previous Day High - 47500
Previous Day Low - 47200

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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-190.40(-0.4%) gapdown


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