NSE:BANKNIFTY   Nifty Bank Index
BUY ABOVE - 48350
SL - 48200
TARGETS - 48600,48800,49000

SELL BELOW - 48030
SL - 48200
TARGETS - 47820,47650,47420

NO TRADE ZONE - 48030 to 48350

Previous Day High - 48350
Previous Day Low - 47820

I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.

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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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