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5 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELS

NSE:BANKNIFTY   Nifty Bank Index
Hello Guys,

Good Morning everyone,

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

After A gap up opening if Banknifty sustains Above 48400 and takes Support from 48400 then open target for T1-48500, T2-48600,T3-48700

If the Banknifty gap up opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600

Major Levels 48000,48200,48400

If the market stands in this area of 48200 to 48400 then it is possible that even today the market will remain in the range.


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