CMP: 51605.55
Moving AVG (EMA) 20 Hour & 40 Hour: 51217 & 51237
Moving AVG (EMA) 20 Day & 40 Day: 51741 & 51874
Support & Downside Range: 51080—51000 zone, 50480
Resistance & Upside Range: 51980—52210--52760
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 51980 as resistance.
• After opening if 51980 holds then once again BANKNIFTY may try to put pressure on the market and fresh leg of selling pressure may starts.
• Whereas after opening if 51980 breaks then this rally turns in complex extended bounce and in that case BANKNIFTY can move upside towards minimum 52210 to maximum 52760 spot levels.