Yesterday, BankNifty opened above the important level of 47,877 (the 61.8% retracement of the last swing) and stayed above it, gaining 1,000 points. The data looks bullish for BankNifty as well.
Support Levels:
Near Support: 48,129 - 48,410
Resistance Levels:
Major Resistance Zone: 48,784 - 49,011 (remains the same)
Support Levels:
Near Support: 48,129 - 48,410
Resistance Levels:
Major Resistance Zone: 48,784 - 49,011 (remains the same)
