Banknifty Trading Plan for 19 Apr

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BANKNIFTY Spot View: 19/04/2024
CMP: 47069.45
Moving AVG (EMA) 20 Hour & 40 Hour: 47587 & 47839
Moving AVG (EMA) 20 Day & 40 Day: 47641 & 47286
Support & Downside Range: 46350—46000---45800--45640
Resistance & Upside Range: 47500--47840
Short Term Trend Reversal Level: -- 49070

Trading View Summary:
•  In today's gap down trading session key level to watch is 46350 as support.
•  After opening if this support manage to hold than we may see some bounce due to over sold short term RSI.
•  Whereas after opening if 46350 fail to hold on 30 mins to 1hr sustain basis than we may see more downside move towards 46000 to 45800 minimum and maximum 45640 spot levels.

Trade like a pro and start getting profit and grow your balance with our accurate Bank Nifty Option Tips and we aim to trade less but trade accurately.

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