Nifty Bank Index

BANK NIFTY INTRADAY LEVELS FOR 07/10/2024

564
BUY ABOVE - 51990
SL - 51820
TARGETS - 52120,52260,52400

SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230

NO TRADE ZONE - 51400 to 51670

Previous Day High - 52600
Previous Day Low - 51400

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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