BankNifty Intraday Support & Resistance Levels for 09.07.2024
On Monday, BankNifty remained within its range and did not break the 125m demand zone mentioned in the last post. The weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379
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
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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