For the second consecutive day, BankNifty closed above the psychological level of 50,000. The weekly trend (50 SMA) is positive, and the daily trend is sideways.

Intraday Support Levels:
Near Support/Demand Zone (15m): 50,339 - 50,403
Far Small Support/Demand Zone (15m): 50,186 - 50,266
Far Support/Demand Zone (15m): 49,693 - 49,779

Intraday Resistance Levels:
Near Resistance/Supply Zone (125m): 50,619 - 51,133.20
Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20
BANKNIFTYbankniftyanalysisbankniftyintradaylevelsbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewexpirystrategySupply and DemandSupport and ResistanceTrend Analysis

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