BankNifty Intraday Trade Setup | 30th Jan '24

NSE:BANKNIFTY   Nifty Bank Index
Today BankNifty opened with a gap-up around 45171 and gave a good rally in first half upto 45660, however, we saw selling from upper levels and BankNifty closed around 45400.

For today, BankNifty has to sustain above 45600 for further upside which can take BankNifty towards 45720 and upper levels. On the other side, if BankNifty breaks 45100 on downside, we expect to see 44980 and below marked levels on the chart.

Expectations: Volatile day.

Intraday Levels:
Buy Above - 45940
Sell Below - 45500

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Happy Trading!
InvestPro India Team
No trade triggered, BankNifty was trading in a range.

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