Nifty Bank Index

BANK NIFTY INTRADAY LEVELS FOR 12 JUNE 2024

541
BUY ABOVE - 49910
SL - 49670
TARGETS - 50100,50250,50550

SELL BELOW - 49670
SL - 49910
TARGETS - 49480,49290,49050

NO TRADE ZONE - 49530 to 49780

Previous Day High - 49940
Previous Day Low - 49530

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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