Free Intraday Bank Nifty Index Future Today Tips and Nifty Bank Future support and resistance Level

BANKNIFTY Intraday Tips For 05 May 2024

Free Intraday Bank Nifty Index Future Today Tips and Nifty Bank Future support and resistance Level

BANKNIFTY Intraday Tips For 05 May 2024

Last update on 02 May 2024
BANKNIFTY (EXP 29 May 2024) CMP-49388.35 currently in up side in intraday. It is likely to test resistance 49593.95 / 49799.55 / 50011.10. If it breaks below 49382.40 with volume then it may test lowerside supports, such as 49176.80 / 48965.25 / 48759.65.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4
50011.10
R3
49799.55
R2
49593.95
R1
49488.20
PP
49382.40
S1
49279.60
S2
49176.80
S3
48965.25
S4
48759.65
Last Day High 49588
Last Day Low 49170.85
Last Day Close 49388.35
Close up side
CPR Range
CR 49385.40
CS 49379.40
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)