Bank Nifty Spot View: 03/01/2024
CMP: 47761.65
Moving AVG (EMA) 20 Hour & 40 Hour: 47886 & 48023
Moving AVG (EMA) 20 Day & 40 Day: 47946 & 47344
Support & Downside Range: 47400--46900
Resistance & Upside Range: 48090—48450--48650
Short Term Trend Reversal Level: -- 48650
Trade like a pro and start stashing profit from your stock market day trading trades using our bank nifty option tips as we trade less but trade accurately.
Trading View: In yesterday's trading session bank nifty has given breakdown below 48000 spot levels and now its acting weak , in today's intraday trading session key level to watch is 48090 as rest as long as bank nifty remains below this rest zone its intraday bias remains weak and it can fall downside till 47400 minimum to 46900 max whereas stability in bank nifty comes if it manage to closes above 48090 spot levels till then its bias remains sideways to weak so understand the importance of 48090 rest on intraday basis and act accordingly.
