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Prameela Balakkala

7th Jul 2025 · SEBI-Registered Analyst

Banknifty Technical view

Current Price: ₹57,044.80 Banknifty : 🧱 Key Zones Resistance Zone (approx. ₹57,100–₹57,300): Price is currently testing this zone. Multiple rejections seen earlier, indicating strong supply. A breakout above this with volume could trigger a continuation toward ₹57,600+. Support Zone (approx. ₹56,600–₹56,800): Price previously bounced from this area. Acts as a demand zone; if broken, could lead to a drop toward ₹56,200.

#Miscellaneous#EquityResearch#PersonalFinance#PsychologyofMoney#MacroViews
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