LTP: 56578.xx
Supports: 55534/53550/51834/49155/47700
Resistances: 56099 (broken) / 56695
As long as 55534 holds support, we can see 56834 next.
Further 57800/58655/59300.
Extensions: 60555/61200/62200
On the other side, If Bank nifty breaks 55534, 54650, 54100, extensions can be 53500, 53050.
My view: Buy on dips and expecting 56834/57800 in the near term.
Supports: 55534/53550/51834/49155/47700
Resistances: 56099 (broken) / 56695
As long as 55534 holds support, we can see 56834 next.
Further 57800/58655/59300.
Extensions: 60555/61200/62200
On the other side, If Bank nifty breaks 55534, 54650, 54100, extensions can be 53500, 53050.
My view: Buy on dips and expecting 56834/57800 in the near term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.