Bank Nifty Spot View: 11/01/2024
CMP: 47360.85
Moving AVG (EMA) 20 Hour & 40 Hour: 47343 & 47470
Moving AVG (EMA) 20 Day & 40 Day: 47679 & 47477
Support & Downside Range: 47130—47000zone, 46500--46130
Resistance & Upside Range: 47550—47640 zone, 47830—47940 zone, 48100
Short Term Trend Reversal Level: -- 48650
Trade like a pro using with our bank nifty options and start making profit with a small capital.
Trading View: In today's trading session key level to watch is 47130—47000 support after opening if this support zone manage to hold then bank bulls may try to move upside towards minimum 47550—47640 and max 47830 to 47940 spot levels, whereas downside after opening if 47130—47000 manage to break and get 15 to 30 mins sustain then bank nifty opens for downside projection for 46500 minimum to 46130 max so understand the importance of 47130—47000 support zone on intraday basis and act accordingly.
