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Banknifty : Will Fiis press Sell Button

Bank Nifty Spot View: 21/12/2023

US politics is becoming interesting. In politics it is a well tested strategy: 

Think hundred times before using the court of law to jail or bar your opponent. You may end up giving him or her the much needed political boost.

Trade like a pro trader by using our bank nifty option tips and start minting money every day.

Let's see, if this verdict becomes the Trump Card in the Nov 2024 elections in the US.
CMP: 47445.30
Moving AVG (EMA) 20 Hour & 40 Hour: 47663 & 47759
Moving AVG (EMA) 20 Day & 40 Day: 47378 & 46485
Support & Downside Range: 47150—46785--45892
Resistance & Upside Range: 47875--48220
Short Term Trend Reversal Level: -- 48220
Trading View: In today's trading session key level to watch is 47875—48220 rest zone as long as bank nifty remains this rest zone it's trading bias remains weak and sell on rise for downside minimum 46785 to 45892 levels whereas stability in sell off we may see once we see a decent close above 48220 spot levels till then it's time to stay cautious in bank index.

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