Banknifty Spot View: 09/2/2024
CMP: 45012
Moving AVG (EMA) 20 Hour & 40 Hour: 45590 & 45694
Moving AVG (EMA) 20 Day & 40 Day: 46017 & 46205
Support & Downside Range: 44800—44420—44200—44000
Resistance & Upside Range: 45360—45660--45891
CMP: 45012
Moving AVG (EMA) 20 Hour & 40 Hour: 45590 & 45694
Moving AVG (EMA) 20 Day & 40 Day: 46017 & 46205
Support & Downside Range: 44800—44420—44200—44000
Resistance & Upside Range: 45360—45660--45891
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Short Term Trend Reversal Level: --
Trading View: After yesterday's RBI Policy we saw a good pull back in bank nifty, now in today's trading session key level to watch is 44800 support after opening if this support manage to hold then we may immediate move upside towards 45360—45660 whereas after opening if 44800 manage to break then we may open for next downside levels which is 44420 minimum to max 44200—44000, so understand the importance of 44800 support on intraday basis & act accordingly.
Trading View: After yesterday's RBI Policy we saw a good pull back in bank nifty, now in today's trading session key level to watch is 44800 support after opening if this support manage to hold then we may immediate move upside towards 45360—45660 whereas after opening if 44800 manage to break then we may open for next downside levels which is 44420 minimum to max 44200—44000, so understand the importance of 44800 support on intraday basis & act accordingly.
