Market Prediction For Tomorrow 29th Oct | NIFTY BANKNIFTY Analysis | CE Buyers Trap??

Market Prediction For Tomorrow 29th Oct | Market Crash or Trap? #nifty #banknifty #crash

Nifty Hourly Levels

1. Resistance Levels:
• Around 26,400: This level has seen resistance and a subsequent decline.
• Near 25,800: Minor resistance formed before a more significant drop.
2. Support Levels:
• 24,200: Recent support zone as price declined to this level.
• 23,800: Another support area observed in the downtrend.

Bank Nifty Hourly Levels

1. Resistance Levels:
• Around 53,000: Significant resistance before the recent downtrend.
• Near 51,300: Minor resistance visible before a pullback.
2. Support Levels:
• 50,400: Recent support zone, holding in the downward movement.
• 48,800: Additional support level based on previous consolidation.

These levels can act as potential zones for trend reversals or breakouts.
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