BankNifty Analysis

Bank Nifty is currently facing resistance at 49,650. If it breaks above this level and moves past 49,750, it may turn bullish. The 49,650 level will then act as a support, helping the price to stay up.

Key Levels:
Resistance Level: 49,650 (Current Trend Line)
Breakout Level: 49,750 (Key psychological level for confirmation)
Support Level (if breakout occurs): 49,650 (Will act as a new support)