Nifty Bank Index

BankNifty Intraday Support & Resistance Levels for 10.07.2024

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On Tuesday, BankNifty remained range-bound for the third consecutive day, neither breaking below the 125m support zone nor surpassing the high of July 5th. The weekly and daily trends (50 SMA) are still positive.

All support and resistance levels remain the same as mentioned in the last post:
Support Levels:
Near Support/Demand Zone (125m): 51,996 - 52,379
Far Support/Demand Zone (75m): 51,510 - 51,784
Major Support/Demand Zone (Daily): 51,138 - 51,934

Resistance Levels:
Near Small Supply/Resistance Zone (30m): 53,064 - 53,188

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