BankNifty Intraday Trade Setup | 12th Jan '24

Today BankNifty opened with a gap-up near 47050 and after making a high in first 15 mins candle we saw weakness entire day.

For tomorrow, BankNifty has to sustain above 47570 for further upside which can take BankNifty towards 47690 and upper levels. On the other side, if BankNifty breaks 47350 on downside, we expect to see 47220 and below marked levels on the chart.

Expectations: Volatile day.

Intraday Levels:
Buy Above - 47570
Sell Below - 47350

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team