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1. **Support Levels:** - **Primary Support:** 48213 - **Secondary Support (If gap-up opening):** 48000 If the market opens with a gap-up, it suggests strong bullish sentiment. In such a scenario, 48000 can be considered a secondary support level, as it has proven to be a good support level in the past. 2. **Resistance Levels:** - **Primary Resistance:**...

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*Nifty50 Support and Resistance Levels:** - **Support Levels:** 1. 21300 2. 21200 3. 21100 - **Resistance Levels:** 1. 21450 2. 21500 **Analysis:** - The support levels at 21300, 21200, and 21100 are identified as crucial for potential downside movements in Nifty50. - Resistance levels are outlined at 21450 and 21500, indicating potential hurdles for...

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Bank Nifty Support and Resistance Levels: - **Support Levels:** 1. 47400 2. 47200 3. 46940 - **Resistance Levels:** 1. 47650 2. 47800 3. 47900 **Analysis:** - The support levels at 47400, 47200, and 46940 are identified as crucial for potential downside movements in Bank Nifty. - Resistance levels are outlined at 47650, 47800, and 47900, indicating...

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*Nifty 50 Support and Resistance Levels:** **Support Levels:** 1. 21075 2. 21000 3. 20900 4. 20850 - **Resistance Levels:** 1. 21150 2. 21300 3. 21400 **Analysis:** - The support levels at 21075, 21000, 20900, and 20850 are crucial for monitoring potential downside movements in Nifty 50. - Resistance levels are identified at 21150, 21300, and...

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Bank Nifty Support and Resistance Levels For Dec 21/12/23 **Support Levels:** 1. 47200 2. 46950 3. 46736 **Resistance Levels:** - If the market opens gapdown, then 47200 is identified as initial support. - Additional resistance levels are mentioned at 47400 and 47600. **Analysis:** - The support levels at 47200, 46950, and 46736 are critical for...

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**Support Levels:** 1. 21300 2. 21200 3. 21100 - **Resistance:** - If the market opens gapdown, then 21400 to 21450 is identified as resistance. **Analysis:** - The support levels at 21300, 21200, and 21100 are crucial for monitoring potential downside movements in Nifty 50. - A potential resistance zone is identified at 21400 to 21450, especially if the...

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**Support Levels:** 1. 47800 2. 47700 (Critical level; if broken, a potential fall may occur) - **Resistance Levels:** 1. 48000 (Significant resistance for Bank Nifty) 2. 48200 **Analysis:** - The support levels at 47800 and 47700 are crucial for monitoring potential downside movements in Bank Nifty. - A break below 47700 is highlighted as it may signal...

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**Support Levels:** 1. 21302 2. 21200 - **Resistance Levels:** - If the market opens gapdown, the 1st resistance is at 21418. **Analysis:** - The support levels at 21302 and 21200 are crucial for monitoring potential downside movements in Nifty 50. - If the market opens gapdown, the 1st resistance is identified at 21418. - A cautionary note is provided to...

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**Support Levels:** 1. 47819 2. 47684 3. 47400 - **Resistance Levels:** 1. 48000 2. 48213 3. Significant Open Interest (OI) Resistance at 48000 **Analysis:** - The support levels at 47819, 47684, and 47400 are crucial for monitoring potential downside movements in Bank Nifty. - The resistance levels at 48000 and 48213 are identified, with special...

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**Support Levels:** 1. 21448 2. 21302 3. 21200 - **Resistance:** - If Nifty opens above 21448, there's no resistance as per the chart because of the all-time high. **Analysis:** - The support levels at 21448, 21302, and 21200 are crucial for monitoring potential downside movements in Nifty 50. - If Nifty opens above 21448, there's no immediate resistance...

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- **Support Levels:** 1. 48071 2. 47600 3. 47400 - **Resistance Zone:** - 48213 (If Market Opens Gapdown) - No significant resistance levels on the upside as per the chart. - **Resistance Levels with Open Interest (OI):** 1. 48200 (Big Resistance) 2. 48500 **Analysis:** - The market has broken higher levels, and new support and resistance levels...

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**Support Levels:** 1. 20902 2. 20859 3. 20793 - **Resistance Levels:** 1. 20950 2. 21006 **Analysis:** - The market has maintained adherence to the support and resistance levels from the previous day, highlighting their ongoing relevance in guiding market movements. - The support levels at 20902, 20859, and 20793 are crucial for monitoring potential...

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**Support Levels:** 1. 46947 2. 46736 - **Resistance Levels:** 1. 47205 2. 47400 **Analysis:** - The market has shown adherence to the support and resistance levels from the previous day, indicating their continued significance in guiding price movements. - The support levels at 46947 and 46736 remain crucial for monitoring potential downside movements...

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**Support Levels:** 1. 46947 2. 46736 3. 46521 - **Resistance Levels:** 1. 47203 2. 47590 3. 47400 **Analysis:** - The market has demonstrated alignment with the provided support levels, underscoring the significance of these levels in recent price action. - The support levels at 46947, 46736, and 46521 are essential for monitoring potential downside...

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**Support Levels:** 1. 20859 2. 20793 3. 20690 **Resistance Levels:** 1. 20900 2. 20960 3. 21000 **Analysis:** - Nifty 50 has shown adherence to the provided support levels, confirming the relevance of these levels in recent market movements. - The support levels at 20859, 20793, and 20690 are crucial for monitoring potential downside movements. -...

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**Support Levels:** 1. 47203 2. 47000 3. 46736 - **Resistance Level:** - 47590 **Analysis:** - Bank Nifty has been following the provided support and resistance levels, indicating the relevance of these levels in recent market movements. - The support levels at 47203, 47000, and 46736 are crucial for monitoring potential downside movements. - The...

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**Support Levels:** 1. 20960: If the market opens between 21006 and 20960. 2. 21000: If the market opens gap up above 21000. - **Resistance Level:** - 21000: Currently acting as a resistance level. *Additional Note:* - All-time high market, and based on technical analysis, there may not be significant resistance levels on the upper side. **Analysis:** -...

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Support Levels: 1. 20690: This is the current support level. If the market experiences a decline, it could find support around this level. 2. 20509: Another support level to monitor. If Nifty breaks below 20509, it may indicate a potential move to the downside. Resistance: 1. 20859: This is the primary resistance level. If the market sustains above 20859, it may...