Note : Sustaining above 40922 in future will lead to rally upside.
Trade accurately using our bank nifty option tips on a daily basis to make money in market.
Bank Nifty Spot View For: 03/04/2023
Cmp: 40608.65
Support & Downside Range: 40450—40300--40170
Resistance & Upside Range: 40720—40850—41050—41115—41200--41365
Short Term Trend Reversal Level: --
Trading View: In today's trading session key support level to watch is 40450 spot as long as bank nifty trades above this levels bias remains strong and bullish till minimum upside 40720 to 40850 zone and 41050 to 41115 spot zone and if move is getting extended then it can stretch upside till max 41200 to 41365 spot levels whereas if 40450 gets break and we get 15 mins sustain then cooling off retracement comes in action which may take bank nifty first downside till 40300 to 40170 spot zone and anywhere from this zone we may see next leg of up move to get start again.
