BankNifty Spot View For: 20/12/2022
Cmp: 43413.75
Support & Downside Range: 43344—43295 zone, 43225—43110—43080 zone
Resistance & Upside Range: 43500—43620--43790
Short Term Trend Reversal Level: -- 44135
Trading View: In today's gap down market key level to watch is 43344—43295 spot levels zone if bank nifty breaks and sustain below it for 15-30 mins than we may see more selling to build in banking index which may lead bank index towards minimum 43225 and max 43110—43080 spot zone whereas after gap down if bank index manage to hold 43344—43295 spot zone than we may again see up move towards minimum 43500—43620 and max 43790 spot levels.
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