BANKNIFTY FOR 04 MARCH 2025

19
1. Strong Resistance at 48,766.90
2. Breakout Level: 48,330.55 (Black Line)
If it reclaims 48,330.55, we might see bullish momentum again
3. Support Levels:
Support-1: 48,081.05
Support-2: 47,918.85
Strong Support: 47,668.00
If this level breaks, further downside expected.
4. Possible Scenarios:
Bullish above 48,330, targeting 48,420 - 48,656.90.
Bearish below 47,918, targeting 47,668.

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