santubittu

Bank Nifty Support and Resistance Levels 20 Dec 23

شراء
NSE:BANKNIFTY   Nifty Bank Index
**Support Levels:**
1. 47800
2. 47700 (Critical level; if broken, a potential fall may occur)

- **Resistance Levels:**
1. 48000 (Significant resistance for Bank Nifty)
2. 48200

**Analysis:**
- The support levels at 47800 and 47700 are crucial for monitoring potential downside movements in Bank Nifty.
- A break below 47700 is highlighted as it may signal a potential fall in the market.
- Resistance levels are identified at 48000 and 48200, with special emphasis on 48000 as a significant resistance for Bank Nifty.

**Important Considerations:**
- Stay informed about relevant news, economic indicators, and global events that might impact the financial markets.
- Ensure a well-defined trading strategy and use risk management tools to manage potential losses.
- Regularly monitor price action and technical indicators for insights into market dynamics.
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.