Nifty Bank Index
Updated

BankNIFTY- Intraday Levels - 15th Jan 2024

106
If BankNIFTY Sustain above 47763 then 47852 to 47901 then 48012 to 48070 Above this will be more bullish movement then 48152 to 48181 then 48222 to 48245 then 48292 then 48346

if BankNIFTY Sustain Below 47688 then 47524 then 47408 to 47360 below this will be more bearish movement then 47197 to 47188 then 47073

Consider some buffer points in above levels.

Please do your due diligence before trading or investment.

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Note
If reverses from 48222 or 48245 then i will hold Short position for on next week's expire for Tuesday, if in profit will continue till wenesday also .. just my views for your analysis
Note
Nifty and Banknifty - Future shorts has been added in market, so be caution, we may see some dip in market today or tommrow, otherwise when the shorts are covered we may see more updside, so be ready to trade any any direction.
Note
As mentioned in above commnet , perfect high of 48248, however, no carry forward trade taken by me as it come at closing time (@3.29) , will wait till tommrow for trade setup, and then take the decision.

hope it was helpfull to you all.
Note
Level to watch today for reversal if goes up - 48318 to 48363 then 48511 or 48551 then 48630 to 48688. above this will be bullish.
Note
High of 48305 and almost 300 points fall .

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