BankNifty Intraday Support & Resistance Levels for 20.09.2024
On Thursday, BankNifty opened with a gap up and reached a high of 53,353.30, just 4 points shy of its all-time high of 53,357.70. Profit booking followed, and it closed at 53,037.60, gaining 287 points from the previous day. Both the Weekly and Daily Trends (50 SMA) remain positive.
Demand/Support Zones:
Near Demand/Support Zone (125 min): 52,622.80 - 52,859.05 (tested)
Far Demand/Support Zone (15 min): 52,406.95 - 52,484.55
Far Demand/Support Zone (Daily): 52,085.50 - 52,284.60
Far Demand/Support Zone (125 min): 51,643.95 - 51,938.05
Supply/Resistance Zones:
No visible supply/resistance zones on the chart at the moment.
Demand/Support Zones:
Near Demand/Support Zone (125 min): 52,622.80 - 52,859.05 (tested)
Far Demand/Support Zone (15 min): 52,406.95 - 52,484.55
Far Demand/Support Zone (Daily): 52,085.50 - 52,284.60
Far Demand/Support Zone (125 min): 51,643.95 - 51,938.05
Supply/Resistance Zones:
No visible supply/resistance zones on the chart at the moment.
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