Bank Nifty Spot View: 05/01/2024
CMP: 48195.85
Moving AVG (EMA) 20 Hour & 40 Hour: 48070 & 47990
Moving AVG (EMA) 20 Day & 40 Day: 47957 & 47456
Support & Downside Range: 48064—47880—47750--47480
Resistance & Upside Range: 48450—48650--49100
Short Term Trend Reversal Level: -- 47480
Trade intraday and start making profit with our bank nifty option tips for tomorrow and be on the right side of the market always and every time.
Trading View: In today's trading session 47880—47750 act as support zone and as long as bank nifty remains above 47480 its intraday bias remains bullish for upside minimum 48450 to 48650 and max 49100 levels whereas after opening if 47480 manage to break then we may see some pull back in bank nifty and it can fall downside towards 46990 and below levels so understand the importance of 47480 support on intraday basis and act accordingly.
