It appears market has discounted Israel Hamas War as USA has entered scene with naval ships.
Bank Nifty Spot View: 11/10/2023
CMP: 44360.15
Moving AVG (EMA) 20 Hour & 40 Hour: 44276 & 44205
Moving AVG (EMA) 20 Day & 40 Day: 44345 & 44568
Support & Downside Range: 44225—44033--43800
Resistance & Upside Range: 44520-44760--45050
Short Term Trend Reversal Level: -- 43800
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Trading View: In today's trading session key level to watch is 44225 spot level as support as long as bank nifty trading above this support its intraday bias remains bullish for upside minimum 44520 to 44760 spot levels whereas once it breaks 44225 its bias turns sideways and break below 44033 bias turns again weak and selling pressure gets intense so understand the importance of 44225 and 44033 support.
