Banknifty Spot View: 15/2/2024
CMP: 45908.30
Moving AVG (EMA) 20 Hour & 40 Hour: 45464 & 45445
Moving AVG (EMA) 20 Day & 40 Day: 45846 & 46075
Support & Downside Range: 45430—44860--44420
Resistance & Upside Range: 46190—46530—46900—47089 zone.
CMP: 45908.30
Moving AVG (EMA) 20 Hour & 40 Hour: 45464 & 45445
Moving AVG (EMA) 20 Day & 40 Day: 45846 & 46075
Support & Downside Range: 45430—44860--44420
Resistance & Upside Range: 46190—46530—46900—47089 zone.
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Short Term Trend Reversal Level: --
#Trading View: In today's trading session key level to watch is 45430 support as long as this support zone manage to hold we may see a bullish intraday bias for upside minimum 46190 to 46530 & max 46900 to 47089 as next upside projection. Whereas after opening if 45430 manage to break on 15 to 30 mins sustain basis then once again intraday bias turns into sideways range bound & in that case upside 46530—46900 will strong rest & downside 44860—44420 act as support. So understand the importance of 45430 support here on intraday basis & act accordingly.
