Bank Nifty Spot View For: 24/05/2023
CMP: 43954.45
Moving AVG (EMA) 20 Hour & 40 Hour: 43919 & 43868
Moving AVG (EMA) 20 Day & 40 Day: 43340 & 42654
Support & Downside Range: 43685—43640 zone, 43530--43445
Resistance & Upside Range: 44080—44159—44350—44500
Short Term Trend Reversal Level: --
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Trading View: No changes in bank index levels its same as yesterday as long as we are trading above 43685 to 43640 any dip near this zone bias remains buy on dips whereas upside till we don't cross 44080—44160 we may remain in range of 43680 to 44150 clear direction either below 43680-43640 or above 44150 spot level. #Note: over all bias remains buy on dips as long as 43640 holds position sizing small.
