The Support and Resistance Levels for the BankNifty.
The most important Yearly Level for BankNifty @ 31584 got rejected and formed a Bullish pin bar of the weekly chart if the price holds above the level(31584) the next target will be 32763 (+575 Points) CMP @ 32187, if the level fails the next immediate support will be 30405 (- 1725 Points Approx).
The Support and Resistance Levels for the Nifty50.
The most important Yearly Level for Nifty 12337 if the price holds the level the next target will be 12535 (+190 Points) if the level fails the next immediate support will be 12008(- 330 Approx).