Bank Nifty Spot View: 04/09/2023
CMP: 444365.10
Moving AVG (EMA) 20 Hour & 40 Hour: 44263 & 44241
Moving AVG (EMA) 20 Day & 40 Day: 44298 & 44425
Support & Downside Range: 44200—44083--43830--43600
Resistance & Upside Range: 44785-- 44993
Short Term Trend Reversal Level: -- 44993
Trade profitably with our bank nifty option tips as our clients swear by its accuracy.
Trading View: In today's trading session key support to watch is 44200—44083 zone as long as bank nifty trading above this level intraday bias remains strong and buy side for upside minimum 44785 and max 44993 as intraday projection, whereas if 44083 gets break and we sustain below it for 30 mins to 1hr then we may again see a sideways move and selling pressure to start in bank nifty which may lead it again towards 43830 to 43600 spot zone so understand the importance of 44083 spot here.
