BANKNIFTY Levels for 12th Dec, 2023

BANKNIFTY Levels for today

Current Trading Price: 47314
Resistance: 47435
Proposed upside targets if the resistance is broken: 47512, 47603, 47707

Support: 47280
Proposed downside targets if the support is broken: 47158, 47110, 47029

Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.

The SL (Stop loss) for each trade should be the previous RED candle below given level for BUY trades and previous GREEN candle above the given level for the SELL trades.

Note: This idea is only for learning and educational purpose.

Likes and boosts are welcome if this information is helpful to you 😊
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