Bank Nifty Spot View: 29/11/2023
CMP: 43880.95
Moving AVG (EMA) 20 Hour & 40 Hour: 43842 & 43766
Moving AVG (EMA) 20 Day & 40 Day: 43713 & 43686
Support & Downside Range: 43500--43265—43230
Resistance & Upside Range: 44220—44420--44890
Short Term Trend Reversal Level: -- 43265--43230
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Trading View: In today's trading session key level to watch is 43500 support as long as bank nifty remains above this support zone its intraday bias remains buy on dips and bullish for upside minimum 44220 to 44420 spot levels as projection whereas after opening if 43500 breaks and sustain below it for 15 to 30 mins then intraday bias turns sideways so understand the importance of 43500 support on intraday basis and act accordingly.