On Friday, BankNifty opened gap-up, reaching a high of 52,794 before closing at 52,278.90. Both the weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near Support/Demand Zone (30m): 51,878 - 51,966
Near Support/Demand Zone (75m) for weekly trade: 51,749 - 51,966
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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