CMP: 49334.55
Moving AVG (EMA) 20 Hour & 40 Hour: 49276 & 49286
Moving AVG (EMA) 20 Day & 40 Day: 49472 & 49795
Support & Downside Range: 49200—49070 zone, 48800--48525
Resistance & Upside Range: 49835—50070--50370
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 49200—49070 support zone.
• After opening if BANKNIFTY manage to hold 49200—49070 support zone on 1hr sustain basis then we may see good up move & banknifty can try to move upside towards 49835 and above levels.
• Whereas after opening if BANKNIFTY breaks 49200—49070 on 1hr sustain basis then trend turns sideways for remaining hours of the day.