BankNifty Intraday Support & Resistance Levels for 19.07.2024
On Thursday, BankNifty attempted to cross the crucial level of 52750, mentioned in the last post, and made a high of 52782.75 but failed to close above it, ending 223.90 points up at 52620.70. A decisive crossover above 52750 with volume might lead to a new all-time high. The weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near Support/Demand Zone (15m): 52187 - 52315
Near Support/Demand Zone (75m) for weekly trade: 51749 - 51966
Major Support/Demand Zone (Daily): 51138 - 51934
Resistance Levels:
Near small Supply/Resistance Zone (30m): 53064 - 53188
Support Levels:
Near Support/Demand Zone (15m): 52187 - 52315
Near Support/Demand Zone (75m) for weekly trade: 51749 - 51966
Major Support/Demand Zone (Daily): 51138 - 51934
Resistance Levels:
Near small Supply/Resistance Zone (30m): 53064 - 53188
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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.