BANKNIFTY Spot View: 25/03/2025
CMP: 51704.95
Moving AVG (EMA) 20 Hour & 40 Hour: 50816 & 50153
Moving AVG (EMA) 20 Day & 40 Day: 49285 & 49318
Support & Downside Range: 51285—50910--50290
Resistance & Upside Range: 51900---52185--52800
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 51900 as resistance & 51285 as support.
• After opening if BANKNIFTY holds 51285 and manage to move above 51900 on 1hr sustain basis then ongoing move can extend towards minimum 52185 and above levels.
• Whereas after opening if BANKNIFTY holds 51900 and manage to break 51285 on 1hr sustain basis then we may see cooling off pullback move towards 50910 to 50290 spot levels.
• so understand the importance of key levels given here.
CMP: 51704.95
Moving AVG (EMA) 20 Hour & 40 Hour: 50816 & 50153
Moving AVG (EMA) 20 Day & 40 Day: 49285 & 49318
Support & Downside Range: 51285—50910--50290
Resistance & Upside Range: 51900---52185--52800
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 51900 as resistance & 51285 as support.
• After opening if BANKNIFTY holds 51285 and manage to move above 51900 on 1hr sustain basis then ongoing move can extend towards minimum 52185 and above levels.
• Whereas after opening if BANKNIFTY holds 51900 and manage to break 51285 on 1hr sustain basis then we may see cooling off pullback move towards 50910 to 50290 spot levels.
• so understand the importance of key levels given here.
Donot trade against the trend.
But one thing— market is over stretched now.
Keep SL tight depending upon your time horizon.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
