Bank Nifty Spot View: 11/08/2023
CMP: 44541.80
Moving AVG (EMA) 20 Hour & 40 Hour: 44688 & 44805
Moving AVG (EMA) 20 Day & 40 Day: 45086 & 44847
Support & Downside Range: 44270--43900
Resistance & Upside Range: 45150—45320--45660
Short Term Trend Reversal Level: -- 45660
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Trading View: In today's trading session key support to watch is 44270 which is previous swing low and below that 43900 spot levels if bank bulls are alieve then they must defend this support zone on closing basis in worst case ahead of weekends whereas upside once we get close above 45150 spot we may see next impulsive up move to start.
