CMP: 48354.15
Moving AVG (EMA) 20 Hour & 40 Hour: 48258 & 48258
Moving AVG (EMA) 20 Day & 40 Day: 48567 & 49030
Support & Downside Range: 48000---47700--47400
Resistance & Upside Range: 48840—49350--49500
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 48000 spot levels.
• After opening if BANKNIFTY manage to hold this support zone then immediately it can try to move upside towards 48840 and above levels.
• Whereas after opening if BANKNIFTY breaks 48000 then trend turns sideways for remaining hours of the day.