Monday, January 20, 2025

BANKNIFTY SPOT OVER VIEW

 


Now, if we talk about today's Bank Nifty, today the Bank Nifty opened above 49000 and then it has gone down to 48683It has dipped down and is currently hovering around 49,564 and the next level is 49,800, which if crossed will form an upper level of 49,990 and below that, 48,718 will form a support level, the first and second level. If the third level is 48,541 and 48,376, then it is important to trade in the bank nifty spot keeping that level in mind and keep in mind that the dollar is rising because the rise in the dollar also affects the bank Nifty. Even then, a stop loss of 49,200 should be kept because if Bank Nifty slips below 49,200, So, there is an increasing possibility that the village may come back again, so keep that in mind and always place a stop loss and trade.

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