Bank Nifty Analysis & Trading Plan (5-Min Timeframe)

48
Current Price: 49,064.15 (-0.35%)

Key Levels:

Resistance Zone: 50,400

Support Zone: 48,800

Breakout/Breakdown Levels:

Bullish breakout above 49,200 → Possible move towards 50,400

Bearish breakdown below 48,800 → Target towards 47,993



Trade Setup:

Bullish Scenario:

If price sustains above 49,200, look for buying opportunities with targets at 50,400.

A strong breakout above 50,400 can push the index towards 51,000+.


Bearish Scenario:

If price breaks below 48,800, expect further downside towards 47,993.

Short positions can be taken below 48,800 with SL at 49,200.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.