CMP: 51398.05
Moving AVG (EMA) 20 Hour & 40 Hour: 50740 & 50377
Moving AVG (EMA) 20 Day & 40 Day: 49516 & 48938
Support & Downside Range: 51160—50900--50680
Resistance & Upside Range: 51560—51660 Zone, 52040—52315--52580
Short Term Trend Reversal Level: -- 50300
Trading View Summary:
• In today's intraday trading session key level to watch is 51160 as support.
• As long as BANKNIFTY is trading above 51160 spot levels its intraday trend remains bullish for upside minimum 52040 to 52315 & maximum 52580 spot levels.
• Whereas after opening if 51160 fail to hold then we may see pullback move to come towards 50900 to 50680 spot levels.