Bank Nifty Spot View: 10/01/2024
CMP: 47242.65
Moving AVG (EMA) 20 Hour & 40 Hour: 47531 & 47692
Moving AVG (EMA) 20 Day & 40 Day: 47759 & 47490
Support & Downside Range: 47200---46900—46500--46130
Resistance & Upside Range: 47940—48385--48650
Short Term Trend Reversal Level: -- 48650
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Trading View: In today's intraday trading session key level to watch is 47200—46900 support zone after opening if this support zone manage to hold on intraday and closing basis then once again bank bulls may try to move upside towards 47940++ levels whereas if 47200—46900 manage to break on intraday and closing basis then we may see more downside move till 46500 to 46130 spot levels so understand the importance of 47200—46900 on intraday and closing basis and act accordingly.
