BankNifty Intraday Support & Resistance Levels for 11.07.2024
On Tuesday, BankNifty broke the past three days' low, falling to 52,075 before closing at 52,189.30. It has remained within the 125m Demand Zone for the fourth consecutive day. The weekly and daily trends (50 SMA) are still positive.
Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379 (currently trading inside the zone for the last four days)
Far Support/Demand Zone (75m): 51,510 - 51,784
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near small Supply/Resistance Zone (30m): 53,064 - 53,188
Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379 (currently trading inside the zone for the last four days)
Far Support/Demand Zone (75m): 51,510 - 51,784
Major Support/Demand Zone (Daily): 51,138 - 51,934
Resistance Levels:
Near small Supply/Resistance Zone (30m): 53,064 - 53,188
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