BANKNIFTY Spot View: 16/2/2024
CMP: 46218.90
Moving AVG (EMA) 20 Hour & 40 Hour: 45803 & 45650
Moving AVG (EMA) 20 Day & 40 Day: 45882 & 46082
Support & Downside Range: 45590--45430—44860--44420
Resistance & Upside Range: 46530—45600 zone, 46900—47089 zone.
CMP: 46218.90
Moving AVG (EMA) 20 Hour & 40 Hour: 45803 & 45650
Moving AVG (EMA) 20 Day & 40 Day: 45882 & 46082
Support & Downside Range: 45590--45430—44860--44420
Resistance & Upside Range: 46530—45600 zone, 46900—47089 zone.
Make profit in stock market by keeping the edge in your favour and this is where our bank nifty option tip comes into the picture.
Short Term Trend Reversal Level: --
Trading View Summary:
• Intraday bias remains bullish as long as bank nifty is trading above 45590—45430 support zone in that case it may try to move upside till minimum 46530—46300 zone & maximum 46900 levels.
• Intraday bias turns sideways once again only if after opening bank nifty manage to break 45590—45430 on 15 to 30 mins sustain basis.
• Ahead of weekends if bank nifty manage to reach to 46900 zone then it may find a strong rest and if it manage to hold then once again it can give downside pull back.
