BankNifty Support & Resistance Levels for 17.05.2024

BankNifty has entered the supply zone mentioned yesterday, ranging from 48051 to 48146. If BankNifty breaks above 48150, the nearest resistance zone remains at 48222 to 48457. On the downside, the nearest support zone is identified between 47160 and 47293, with a further support zone extending from 46870 to 47015.
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