CMP: 49587.20
Moving AVG (EMA) 20 Hour & 40 Hour: 49236 & 49059
Moving AVG (EMA) 20 Day & 40 Day: 49318 & 50018
Support & Downside Range: 48500—48300 zone, 47840
Resistance & Upside Range: 49700--50390
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 48500—48300 support zone.
• As long as BANKNIFTY is trading above 48500—48300 its trend remains bullish for upside minimum 49700—50390 & maximum 50750—51000 spot levels.
• Whereas after opening if BANKNIFTY breaks 48500—48300 on intraday sustain basis and closing basis then once again breath turns sideways to weak.