Nifty Bank Index
Long
Updated

Banknifty Intraday Analysis for 03rd June 2025

32
BANKNIFTY

Banknifty has resistance near 56500 – 56600 range and if index crosses and sustains above this level then may reach near 57000 – 57100 range.

Banknifty has immediate support near 55400 - 55300 range and if this support is broken then index may tank near 54700 - 54600 range.
Trade closed: target reached
Gap up opening with high near 56160 then tank to low near 55455 and closed near 55600.

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