NIFTY BANK closed the previous week on a negative note losing 2.59%.
Technically, NIFTY BANK share price will see immediate support at 46,885.65 and immediate resistance would be seen at 48,132.10.
If NIFTY BANK share price closes below immediate support of 46,885.65, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 46,279.45 for the week.
On the positive side, immediate resistance will be seen at 48,132.10. Closing above 48,132.10, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 48,772.35 for the week.
Trading range for NIFTY BANK share price for this week should be between 45,639.20 on down side and 49,378.55 on up side.
NIFTY BANK Previous Week High: 48166.15
NIFTY BANK Previous Week Low: 46919.7
NIFTY BANK Previous Week Range: 1246.45 Points
NIFTY BANK share price support and resistance for the week (December 25, 2023 – December 29, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 49,378.55 |
| Resistance 2 | 48,772.35 |
| Resistance 1 | 48,132.10 |
| Support 1 | 46,885.65 |
| Support 2 | 46,279.45 |
| Support 3 | 45,639.20 |
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