BANK NIFTY INTRADAY LEVELS FOR 16/01/2025

BUY -,ABOVE 48970
SL - 48610
TARGETS - 49200,49460,49730

SELL BELOW - 48610
SL - 48970
TARGETS - 48180,47900,47650

NO TRADE ZONE - 48610 to 48970

Previous Day High - 48970
Previous Day Low - 48180

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

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