BankNifty Intraday Support & Resistance Levels for 11.12.2024
On Tuesday, BankNifty opened slightly positive but experienced a volatile trading session. It dipped to a low of 53302.65, then rallied in the final session to hit a high of 53624.05. It closed at 53577.70, marking a gain of 170 points over the previous close. Both the Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain positive, signalling continued bullish momentum as of now.
Demand/Support Zones
Near Demand/Support Zone (15m): 52850.35 - 53038.60
Near Demand/Support Zone (75m): 52563.20 - 52780.90
Far Demand/Support Zone (125m): 51693.95 - 51906.90
Far Demand/Support Zone (Daily): 49787.10 - 50983.50
Supply/Resistance Zones
Near Supply/Resistance Zone (Weekly): 53741.40 - 54467.35 (Tested)
Demand/Support Zones
Near Demand/Support Zone (15m): 52850.35 - 53038.60
Near Demand/Support Zone (75m): 52563.20 - 52780.90
Far Demand/Support Zone (125m): 51693.95 - 51906.90
Far Demand/Support Zone (Daily): 49787.10 - 50983.50
Supply/Resistance Zones
Near Supply/Resistance Zone (Weekly): 53741.40 - 54467.35 (Tested)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.