CMP: 50979.95
Moving AVG (EMA) 20 Hour & 40 Hour: 49939 & 49468
Moving AVG (EMA) 20 Day & 40 Day: 48710 & 48316
Support & Downside Range: 50600---50415—50050--49775
Resistance & Upside Range: 51635—51950—52265--52715
Short Term Trend Reversal Level: -- 48565
Trading View Summary:
• In today's intraday trading session key level to watch is 50600 as support.
• As long as BANKNIFTY remains above this support levels its intraday trend remains bullish for upside minimum 51635 to 51950 & maximum 52265 to 52715 spot levels.
• Whereas after opening if 50600 breaks then we may see a small pullback move towards 50415 to 50050 spot levels & after that we may once again moves upside towards 51635 to 51950 spot levels.