CMP: 46218.90
Moving AVG (EMA) 20 Hour & 40 Hour: 45803 & 45650
Moving AVG (EMA) 20 Day & 40 Day: 45882 & 46082
Support & Downside Range: 45590--45430—44860--44420
Resistance & Upside Range: 46530—45600 zone, 46900—47089 zone.
Short Term Trend Reversal Level: --
Trading View Summary:
• Intraday bias remains bullish as long as bank nifty is trading above 45590—45430 support zone in that case it may try to move upside till minimum 46530—46300 zone & maximum 46900 levels.
• Intraday bias turns sideways once again only if after opening bank nifty manage to break 45590—45430 on 15 to 30 mins sustain basis.
• Ahead of weekends if bank nifty manage to reach to 46900 zone then it may find a strong rest and if it manage to hold then once again it can give downside pull back.