Bank Nifty Analysis for 24-04-2024 expiry.
BankNifty touched the resistance zone of 48250 and reversed from there. Post which we had a sideways market.
It also to be noted that VIX has crashed nearly 20% for today. We can expect a sudden fall or raise in market due to this crash in upcoming days. Also, this will be good trade setup for option sellers but still the sudden spike n market will affect their setup as well.
Below are the BankNifty levels for 24/4/2024 expiry.
If BankNifty sustains above the resistance of 48250 we can expect a upward movement to above resistance levels
Below are the resistance levels to watch
If BNF moves downward and breaks the major support at 47900. We can expect a next support at 47700.
Below are the support levels to watch
It also to be noted that VIX has crashed nearly 20% for today. We can expect a sudden fall or raise in market due to this crash in upcoming days. Also, this will be good trade setup for option sellers but still the sudden spike n market will affect their setup as well.
Below are the BankNifty levels for 24/4/2024 expiry.
If BankNifty sustains above the resistance of 48250 we can expect a upward movement to above resistance levels
Below are the resistance levels to watch
- Resistance 1 48550
- Resistance 2 49000
If BNF moves downward and breaks the major support at 47900. We can expect a next support at 47700.
Below are the support levels to watch
- Support 1 47700
- Support 2 46600
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.