NIFTY BANK closed the previous week on a negative note losing 2.77%.
Technically, NIFTY BANK share price will see immediate support at 48,302.08 and immediate resistance would be seen at 49,677.33.
If NIFTY BANK share price closes below immediate support of 48,302.08, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 47,620.22 for the week.
On the positive side, immediate resistance will be seen at 49,677.33. Closing above 49,677.33, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 50,370.72 for the week.
Trading range for NIFTY BANK share price for this week should be between 46,926.83 on down side and 51,052.58 on up side.
NIFTY BANK Previous Week High: 49688.85
NIFTY BANK Previous Week Low: 48313.6
NIFTY BANK Previous Week Range: 1375.25 Points
NIFTY BANK share price support and resistance for the week (June 03, 2024 – June 07, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 51,052.58 |
| Resistance 2 | 50,370.72 |
| Resistance 1 | 49,677.33 |
| Support 1 | 48,302.08 |
| Support 2 | 47,620.22 |
| Support 3 | 46,926.83 |
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