BankNifty Intraday Support & Resistance Levels for 16.07.2024
On Monday, BankNifty remained in a narrow range, failing to surpass the previous day's high and closing at 52,455.90 with a gain of 177 points. The weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near Support/Demand Zone (75m) for weekly trade: 51,749 - 51,966
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near small Supply/Resistance Zone (30m): 53,064 - 53,188
Support Levels:
Near Support/Demand Zone (75m) for weekly trade: 51,749 - 51,966
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near small Supply/Resistance Zone (30m): 53,064 - 53,188
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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.