Nifty Bank IndexLong
BANKNIFTY SUPPORT & RESISTANCE
BANKNIFTY is a popular index futures contract in India, tracking the performance of the banking sector. Here are some key levels to keep an eye on:
**Support Levels:**
1. 29,500 (strong support level)
2. 29,200 (medium support level)
3. 28,800 (minor support level)
**Resistance Levels:**
1. 30,300 (strong resistance level)
2. 30,500 (medium resistance level)
3. 31,000 (major resistance level)
**Key Levels:**
1. 30,000 (psychological barrier)
2. 29,000 (previous high and a significant level)
3. 28,000 (previous low and a key level to watch)
**Trading Range:**
BANKNIFTY has been trading in a range of 28,000-31,000 for some time now. A breakout above 31,000 could be bullish, while a breakdown below 28,000 could be bearish.
**Intraday Levels:**
1. 9:30 AM IST: 30,100
2. 11:30 AM IST: 30,200
3. 2:00 PM IST: 30,250
**Support Levels:**
1. 29,500 (strong support level)
2. 29,200 (medium support level)
3. 28,800 (minor support level)
**Resistance Levels:**
1. 30,300 (strong resistance level)
2. 30,500 (medium resistance level)
3. 31,000 (major resistance level)
**Key Levels:**
1. 30,000 (psychological barrier)
2. 29,000 (previous high and a significant level)
3. 28,000 (previous low and a key level to watch)
**Trading Range:**
BANKNIFTY has been trading in a range of 28,000-31,000 for some time now. A breakout above 31,000 could be bullish, while a breakdown below 28,000 could be bearish.
**Intraday Levels:**
1. 9:30 AM IST: 30,100
2. 11:30 AM IST: 30,200
3. 2:00 PM IST: 30,250
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( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
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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.
hii
( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
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.