Bank Nifty Spot View: 22/12/2023
CMP: 47840.15
Moving AVG (EMA) 20 Hour & 40 Hour: 47609 & 47635
Moving AVG (EMA) 20 Day & 40 Day: 47470 & 46614
Support & Downside Range: 47630—47330--46920
Resistance & Upside Range: 48040—48220 ZONE, 48555—48750 ZONE,
Short Term Trend Reversal Level: -- 48220
Make profit using our bank nifty option tips and you are out with profit in less than 1 hour on a daily basis.
Trading View: In today's trading session key level to watch is 47630 spot as long as bank nifty remains above this support it can do extension till minimum 48040 to 48220 and max 48555 to 48750 spot levels whereas break below 47630 again selling pressure start building up so understand the importance of 47630 and act accordingly.