Bank-nifty 1 hour Levels for swing Traders #Option's

Certainly! 🚀 The Bank Nifty (BANKNIFTY) is an index that tracks the performance of the banking sector in the Indian stock market. Here are some key details and recent trends:

Current Price and Range:

As of the latest data, the Bank Nifty is trading around 51,295.95.
The day’s range has been between 50,438.30 and 51,398.60.

Recent Performance:

Over the past:
1 day: Up by 0.84%
5 days: Up by 0.35%
1 month: Down by 1.96%
6 months: Up by 12.29%
Year to date: Up by 7.54%
1 year: Up by 13.82%.

Intraday Trading Levels:

For intraday trading in Bank Nifty, consider the following levels:

Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels.

Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours.

Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan.

NOTE

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