The Bank Nifty index, shows both side movement

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# Support and Resistance Levels:

Support: 53,500, 53,200, 53,000 (short-term)

Resistance: 54,400, 54,500, 55,800 (short-term)

Pivot levels for May12 were around 54,405, acting as a key decision point.

A break below 55,500 could target 55,800 or 52,600

Chart for your reference

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