BANKNIFTY levels

As of December 28, 2024, the Nifty Bank Index (BANKNIFTY) closed at 51,233.00, reflecting a decrease of 84.60 points (-0.16%) from the previous close.


For the upcoming trading session, the following support and resistance levels have been identified based on pivot point analysis:

Resistance Levels:

R1: 51,364.24
R2: 51,495.47
R3: 51,608.84
Support Levels:

S1: 51,119.64
S2: 51,006.27
S3: 50,875.04
These levels are derived from the previous trading day's price range and can serve as potential indicators for intraday trading strategies.