CMP: 47327.85
Moving AVG (EMA) 20 Hour & 40 Hour: 47576 & 47510
Moving AVG (EMA) 20 Day & 40 Day: 46880 & 46614
Support & Downside Range: 47203—46907--46507
Resistance & Upside Range: 47450—47590 zone, 47699—47850 zone.
Short Term Trend Reversal Level: -- 45660
Trading View Summary:
• In today's trading session key level to watch is 47203 support, after opening if 47203 manage to hold then bank nifty may immediate moves upside towards 47450 to 47590 & maximum 47699 to 47850 spot levels.
• After opening if 47203 fail to hold then we may see more intraday pain & can fall downside till minimum 46907 to maximum 46507 spot levels.
• 47203 is also a key level to watch on closing basis so get more clarity on bank nifty direction in days to come.