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Nifty Bank Index
Updated

Banknifty Intraday Analysis for 05th June 2024

81
BANKNIFTY

Index has immediate support near 46000 level and if this support is broken then index may tank near 45600 level.

Index has resistance near 48250 - 48560 level and if index crosses and sustain above 48600 level then may reach near 49600 level.
Trade closed: target reached
Open flat with low near 46450 and close near 48450 level above 48560 support.
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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Supply and DemandSupport and ResistanceTrend Lines

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.
Supply and DemandSupport and ResistanceTrend Lines
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

Request for follow on X @rkmaurya_ra
Also on:

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.