BankNifty Intraday Support & Resistance Levels for 04.07.2024

Por PriteshPal
BankNifty opened gap-up above the previously mentioned level of 52,735 and sustained above to make a new all-time high of 53,256.70. Both the weekly and daily trends (50 SMA) remain positive.

Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379
Near Support/Demand Zone (75m): 51,510 - 51,784
Major Support/Demand Zone (Daily): 51,138 - 51,934

Currently, there is no supply zone seen on the chart.
BANKNIFTYbankniftyanalysisbankniftyintradaybankniftyintradaylevelsbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis
PriteshPal

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