BankNifty Support & Resistance Levels for 12.06.2024
BankNifty remained in a range yesterday and did not make significant moves to touch either the demand or supply zones. The weekly trend (50 SMA) is positive, while the daily trend remains sideways.
Support/Demand Levels:
Near Small Support/Demand Zone (15m): 49,225 - 49,451
Near Support Zone (15m): 48,801 - 49,055
Far Support Zone (75m): 47,386 - 48,245
Resistance/Supply Levels:
Near Supply/Resistance Zone (15m): 50,018 - 50,100
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20 (remains the same)
Support/Demand Levels:
Near Small Support/Demand Zone (15m): 49,225 - 49,451
Near Support Zone (15m): 48,801 - 49,055
Far Support Zone (75m): 47,386 - 48,245
Resistance/Supply Levels:
Near Supply/Resistance Zone (15m): 50,018 - 50,100
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20 (remains the same)
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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.