CMP: 46384.80
Moving AVG (EMA) 20 Hour & 40 Hour: 46512 & 46691
Moving AVG (EMA) 20 Day & 40 Day: 46808 & 46647
Support & Downside Range: 46250--46020--45660
Resistance & Upside Range: 46750--46840—47095--47440
Short Term Trend Reversal Level: -- 45660
Trading View Summary:
• In today's trading session key level to watch is 46250 spot as support after opening if this support manage to hold then bank nifty may try to move upside towards 46750—46840 minimum to max 47095 to 47440 spot levels.
• After opening if 46250 fail to hold on 15 to 30 mins sustain basis then we may see immediate pressure to come on bank nifty and it can fall downside towards minimum 46020 to maximum 45660 spot levels.
• After opening if 46250 breaks then upside 46750—46840 spot levels will become a new base of resistance.
• Bank Nifty low probability close should remain at or below 45660 spot levels.
• Bank Nifty high probability close should remain at or above 47095 spot levels.