Bank Nifty Spot View: 03/08/2023
CMP: 44995.70
Moving AVG (EMA) 20 Hour & 40 Hour: 45308 & 45459
Moving AVG (EMA) 20 Day & 40 Day: 45346 & 44875
Support & Downside Range: 44720—44365
Resistance & Upside Range: 45107—45308—45390 zone, 45459
Short Term Trend Reversal Level: --
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Trading View: In today's trading session key support to watch is 44720 which is yesterday's low if this manage to hold and bulls moves above 45107 & sustain above it for 1hr then we may see upside to resume towards 45308 minimum to max 45390 to 45459 spot levels whereas if 44720 breach then we may correct downside till minimum 44365 spot levels.
