As mentioned in the previous post, BankNifty rebounded from the 75m demand zone and rallied almost 500 points from the day's low. Both the weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near Support/Demand Zone (15m): 52,015 - 52,114
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near Minor Resistance/Supply Zone: 53,060 - 53,181
Support Levels:
Near Support/Demand Zone (15m): 52,015 - 52,114
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near Minor Resistance/Supply Zone: 53,060 - 53,181
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Related publications
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.