CMP: 48508.55
Moving AVG (EMA) 20 Hour & 40 Hour: 48426 & 48237
Moving AVG (EMA) 20 Day & 40 Day: 47842 & 47087
Support & Downside Range: 48343—48165--48000
Resistance & Upside Range: 48750—49000—49205--49410
Short Term Trend Reversal Level: -- 48000
Trading View: In today's intraday trading session key level to watch is 48000 support as long as bank nifty remains above this support levels its intraday bias remains bullish for upside minimum 48750 to 49000 levels and max 49205 to 49410 levels whereas after opening if 48000 manage to break then we may see some profit booking pull back to start in bank nifty so understand the importance of 48000 support on intraday basis and act accordingly.