As GIFTNIFTY indicates a GAP UP opening, we might see a new all-time high today for BankNifty. Here are the high time frame support and resistance zones instead of intraday levels:
Support Levels:
Near Support Zone (Daily): 47,435 - 48,260
Far Support: 48,017 (61.8% FIBO level of the last swing)
Further Down Support Zone (Previous Low): 46,983
Resistance Levels:
Near Resistance Zone (Daily): 49,396 - 49,974.75
Support Levels:
Near Support Zone (Daily): 47,435 - 48,260
Far Support: 48,017 (61.8% FIBO level of the last swing)
Further Down Support Zone (Previous Low): 46,983
Resistance Levels:
Near Resistance Zone (Daily): 49,396 - 49,974.75
