BankNifty Spot View For: 20/01/2023
Cmp: 42328.85
Support & Downside Range: 42210—42185---42090--42000
Resistance & Upside Range: 42560—42677—42835
Short Term Trend Reversal Level: --
Trading View: In today's intraday session ahead of weekends key level to watch is 42210 spot levels if this gets break than we may see another sideways move by bank index and it may reaming in range between 42413 to 42090 and spends most of the time during the day whereas if bank bulls manage to holds 42210 spot levels than we may immediate see upside move towards 42560 spot levels.
Cmp: 42328.85
Support & Downside Range: 42210—42185---42090--42000
Resistance & Upside Range: 42560—42677—42835
Short Term Trend Reversal Level: --
Trading View: In today's intraday session ahead of weekends key level to watch is 42210 spot levels if this gets break than we may see another sideways move by bank index and it may reaming in range between 42413 to 42090 and spends most of the time during the day whereas if bank bulls manage to holds 42210 spot levels than we may immediate see upside move towards 42560 spot levels.
Rupee closed 0.14% lower against the U.S. dollar at 81.36 on Thursday, compared to Wednesday’s close of 81.25. The dollar index, which measures the US currency against six peers, rose 0.069% to 102.090, not far off the seven-month low of 101.51 it touched on Wednesday.
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BankNifty. Support is placed at 42000 and resistance at 42500.
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