BankNifty Support & Resistance Levels for 07.06.2024
BankNifty stayed inside the 15-minute resistance/supply zone mentioned yesterday. It closed above the important level of 61.8% retracement (of the last swing) at 49,202, which is a positive sign. If BankNifty can sustain this level, we might see further upward movement.
Support Levels:
Near Support Zone (30m) for Intraday: 47,386 - 48,000
Near Support Zone (15m) for Intraday: 46,511 - 46,833
Near Support Zone (Daily): 45,661 - 46,330
Far Support Zone (Weekly): 42,105 - 43,915
Resistance Levels:
Near Resistance Zone (15m) for Intraday: 48,986 - 49,700 (remains the same)
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20
Support Levels:
Near Support Zone (30m) for Intraday: 47,386 - 48,000
Near Support Zone (15m) for Intraday: 46,511 - 46,833
Near Support Zone (Daily): 45,661 - 46,330
Far Support Zone (Weekly): 42,105 - 43,915
Resistance Levels:
Near Resistance Zone (15m) for Intraday: 48,986 - 49,700 (remains the same)
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20
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.