Cmp: 40776.80
Support & Downside Range: 40500-40400 zone, 40336—40117 zone, 39875
Resistance & Upside Range: 40875—41012—41170--41330
Short Term Trend Reversal Level: -- 41840.15
Trading View: over all trading bias remains weak and sell on rise till bank index is trading below 41840.15 spot levels whereas for intraday key level to watch is 40500—40400 spot zone if this holds then ahead of FOMC outcome we may see range bound day between small range 40400 to 41012 and bigger range 40400 to 41170 spot range break and sustain below 40400 we may see selling pressure to get extend and in such case we may see dip towards 40336 to 40117 zone minimum and max 39875 levels.