Nifty Bank Index
Updated

BANK NIFTY INTRADAY LEVELS FOR 04/12/2024

559
BUY ABOVE - 52800
SL - 52600
TARGETS - 52970,53140,53290

SELL BELOW - 52600
SL - 52800
TARGETS - 52450,52270,52060

NO TRADE ZONE - 52600 to 52800

Previous Day High - 52800
Previous Day Low - 52270

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

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