4 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELS

Hello Guys,

Good Morning everyone,

According to the data today market is going to open gap down

After A gap down opening if Banknifty sustains Above 47800 and takes Support from 47800 then open target for T1-47900, T2-48000,T3-48100

If the Banknifty gap down opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000

Major Levels 47500,47600,47800

If the market stands in this area of 47800 to 47600 then it is possible that even today the market will remain in the range.