On Thursday, BankNifty opened with a gap up, reaching a high of 51636.75 and staying range-bound throughout the session, eventually closing with a 72-point gain at 51473.05. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways.
Support Levels:
Near minor Demand/Support Zone (15m): 50984 - 51073
Far Demand/Support Zone (30m): 50663 - 50772
Far Demand/Support Zone (30m): 50393 - 50507
Resistance Levels:
Near Supply/Resistance Zone (15m): 51665 - 51732
Far Supply/Resistance Zone (30m): 52103 - 52340
Far Supply/Resistance Zone (125m) for weekly trade: 52870 - 53188
Support Levels:
Near minor Demand/Support Zone (15m): 50984 - 51073
Far Demand/Support Zone (30m): 50663 - 50772
Far Demand/Support Zone (30m): 50393 - 50507
Resistance Levels:
Near Supply/Resistance Zone (15m): 51665 - 51732
Far Supply/Resistance Zone (30m): 52103 - 52340
Far Supply/Resistance Zone (125m) for weekly trade: 52870 - 53188
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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.