Bank-nifty 1 hour Levels for swing Traders #Option's
Certainly! 🚀 The Bank Nifty (BANKNIFTY) is an index that tracks the performance of the banking sector in the Indian stock market. Here are some key details and recent trends:
Current Price and Range:
As of the latest data, the Bank Nifty is trading around 51,295.95. The day’s range has been between 50,438.30 and 51,398.60.
Recent Performance:
Over the past: 1 day: Up by 0.84% 5 days: Up by 0.35% 1 month: Down by 1.96% 6 months: Up by 12.29% Year to date: Up by 7.54% 1 year: Up by 13.82%.
Intraday Trading Levels:
For intraday trading in Bank Nifty, consider the following levels:
Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels.
Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours.
Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan.
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