Nifty Bank Index

BankNifty Intraday Support & Resistance Levels for 12.11.2024

68
On Monday, BankNifty started flat, dipped to 51,294.20, then rallied up to 52,177.70, nearing the 30m supply zone. It closed at 51,876.75, adding 315 points over the previous close. Both the Weekly and Daily Trends (50 SMA) remain sideways. Key demand and supply zones are unchanged from the last post.

Demand/Support Zones
Near Support (30m): 50,900.10 - 51,230.85
Minor Support (15m): 50,382.10 - 50,485.15
Deeper Support (Daily): 49,654.65 - 49,959.25
Extended Support: 49,282.65 (61.8% FIBO)
Major Support (Daily): 44,633.85 - 45,750.40

Supply/Resistance Zones
Near Resistance (30m): 52,232.35 - 52,396.50
Key Resistance (Daily): 52,817.80 - 53,235.25
Extended Resistance (Weekly): 53,741.40 - 54,467.35

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.