Bank Nifty Spot View: 14/12/2023
CMP: 47092.25
Moving AVG (EMA) 20 Hour & 40 Hour: 47076 & 47100
Moving AVG (EMA) 20 Day & 40 Day: 46578 & 45636
Support & Downside Range: 46850—46790 zone, 46500---46290---46000
Resistance & Upside Range: 47600---47880--48175
Short Term Trend Reversal Level: -- 46850--46790
Make profit using our bank nifty option tips and you are out with profit in less than 1 hour on a daily basis.
Trading View: In today's trading session key level to watch is 46850—46790 spot levels as long as bank nifty remains above this support zone its trading bias for few days remains sideways to bullish and in that case bank nifty can move upside till minimum 47600 to 47880 and max 48175 levels whereas if we break and closes below 46850—46790 support zone then only we may see fresh weakness and selling pressure to build in bank index so understand the importance of 46850—46790 support and act accordingly.
