01 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELS

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Good Morning everyone,

According to the data today market is going to open gap down

After A gap down opening if Banknifty sustains Above 48600 and takes Support from 48600 then open target for T1-48700, T2-48800,T3-49000

If the Banknifty gap up opening sustains Below 48100 and takes resistance below 48100 then the open Targets for T1-48000, T2-47900,T3-47700

Major Levels 48200,48400,48500

If the market stands in this area of 48200 to 48500 then it is possible that even today the market will remain in the range.
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