CMP: 49291.90
Moving AVG (EMA) 20 Hour & 40 Hour: 48889 & 48838
Moving AVG (EMA) 20 Day & 40 Day: 48656 & 48337
Support & Downside Range: 48900—48800 Zone, 48300--47875
Resistance & Upside Range: 49700—50060--50385
Short Term Trend Reversal Level: -- 47300
Trading View Summary:
• In today's intraday trading session key level to watch is 48900—48800 support zone.
• As long as BANKNIFTY is trading above this support zone it may try to move upside towards minimum 49700 to 50060 & maximum 50385 spot levels.
• Whereas after opening if 48900—48800 fail to hold then we may see a profit booking pullback move towards minimum 48300 to maximum 47875 spot levels.