Nifty Bank Indexלונג
Bank Nifty Support and Resistance Levels (17/01/2024)
Bank Nifty Support and Resistance Levels (17/01/2024)
#### Support Levels:
1. **Support Level 1:** 48,000
2. **Support Level 2:** 47,800
- If the market breaks below 48,000, it could signal potential downside movement.
#### Upside Resistance Levels:
1. **Resistance Level 1:** 48,213
- Waiting for sustained movement above 48,200 could signal a potential upside move.
2. **Resistance Level 2:** 48,300
3. **Resistance Level 3:** 48,400
- These levels represent potential barriers for upward movement.
### Technical Analysis Insights:
- **Support Zones:** 48,000 and 47,800 are crucial areas where buying interest might emerge, potentially leading to a reversal or temporary halt in the downward movement.
- **Resistance Zones:** 48,213, 48,300, and 48,400 are anticipated to be key levels where selling pressure might intensify, limiting immediate upward movements.
- **Breakdown Caution:** Trading below 48,000 might signify increased bearish sentiment and could lead to further downside movement.
- **Upside Breakout Confirmation:** Waiting for sustained movement above 48,200 could indicate a potential move towards higher resistance levels, but confirmation is essential.
#### Support Levels:
1. **Support Level 1:** 48,000
2. **Support Level 2:** 47,800
- If the market breaks below 48,000, it could signal potential downside movement.
#### Upside Resistance Levels:
1. **Resistance Level 1:** 48,213
- Waiting for sustained movement above 48,200 could signal a potential upside move.
2. **Resistance Level 2:** 48,300
3. **Resistance Level 3:** 48,400
- These levels represent potential barriers for upward movement.
### Technical Analysis Insights:
- **Support Zones:** 48,000 and 47,800 are crucial areas where buying interest might emerge, potentially leading to a reversal or temporary halt in the downward movement.
- **Resistance Zones:** 48,213, 48,300, and 48,400 are anticipated to be key levels where selling pressure might intensify, limiting immediate upward movements.
- **Breakdown Caution:** Trading below 48,000 might signify increased bearish sentiment and could lead to further downside movement.
- **Upside Breakout Confirmation:** Waiting for sustained movement above 48,200 could indicate a potential move towards higher resistance levels, but confirmation is essential.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.