CMP: 47314.15
Moving AVG (EMA) 20 Hour & 40 Hour: 47290 & 47155
Moving AVG (EMA) 20 Day & 40 Day: 46288 & 45312
Support & Downside Range: 46850—46790 zone, 46500---46290---46000
Resistance & Upside Range: 47700--48000
Short Term Trend Reversal Level: -- 43265--43230
Trading View: In today's trading session key level to watch is 46850—46790 support zone as long as bank nifty remains above this support zone its intraday bias remains sideways to bullish for upside minimum 47700 and max 48000 as projection whereas after opening if 46850-46790 manage to break then we may see short term pause in ongoing up move and we may see some 700-1000 points knee jerk correction so understand the importance of 46850—46790 support on intraday basis and act accordingly.