CMP: 50511
Moving AVG (EMA) 20 Hour & 40 Hour: 50551 & 50762
Moving AVG (EMA) 20 Day & 40 Day: 50407 & 50024
Support & Downside Range: 50100—49725--49175
Resistance & Upside Range: 51360—51700--52200
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 50100-49725 support zone.
• After opening if this support manage to hold then BANK NIFTY may try to move upside towards 51360 to 51700 spot levels.
• Whereas after opening if 50100—49725 breaks on 1hr sustain basis then selling pressure may build again and we may retest 49175 and below levels.