banknifty
banknifty
Support Zone 49316_49057
Resistance Zone 50252_50667
The Nifty max pain point has dropped to 23,100 from the 23,150 strike price.
Indian benchmark indices overcame early weakness and rose steadily before profit booking emerged towards the end of the session. The Nifty has been moving within a range over the past two days, with the VIX falling below 15. Yesterday on June 11, it closed marginally higher by 6 points at 23,265. Despite multiple attempts to break above the 23,380–23,410 range, prices failed and reversed to close at 23,264. Experts suggest that a move below 23,200 might trigger short-term selling pressure unless the index closes above 23,410
Support Zone 49316_49057
Resistance Zone 50252_50667
The Nifty max pain point has dropped to 23,100 from the 23,150 strike price.
Indian benchmark indices overcame early weakness and rose steadily before profit booking emerged towards the end of the session. The Nifty has been moving within a range over the past two days, with the VIX falling below 15. Yesterday on June 11, it closed marginally higher by 6 points at 23,265. Despite multiple attempts to break above the 23,380–23,410 range, prices failed and reversed to close at 23,264. Experts suggest that a move below 23,200 might trigger short-term selling pressure unless the index closes above 23,410
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.