Banknifty Spot View: 06/2/2024
CMP: 45825.55
Moving AVG (EMA) 20 Hour & 40 Hour: 45894 & 45952
Moving AVG (EMA) 20 Day & 40 Day: 45857 & 46203
Support & Downside Range: 45650--45265—44950--44420
Resistance & Upside Range: 46060—46400--46900
Short Term Trend Reversal Level: --
Trading View: In today's trading session key level to watch is 45650—45265 support and 46060 rest break of either side we may see next direction move, above 46060 we may see move towards 46400 to 46900 whereas break below 45265 we may fall till minimum 44950 to max 44420 so understand the importance of 45265 support and 46060 rest on intraday basis and act accordingly.
Trade like a pro and start counting more profit in the bank using our bank nifty option tips on a daily basis.
NOTE: TREND RANGEBOUND BETWEEN 45265 TO 46060, TREND BULLISH ABOVE 46060, TREND BEARISH BELOW 45265.
