BANKNIFTY Spot View: 25/04/2024
CMP: 48189
Moving AVG (EMA) 20 Hour & 40 Hour: 48029 & 47928
Moving AVG (EMA) 20 Day & 40 Day: 47739 & 47402
Support & Downside Range: 47740—47540—47360--47100
Resistance & Upside Range: 48225—48440 Zone, 48540--48700
Short Term Trend Reversal Level: -- 49070
Trading View Summary:
• Today bank nifty move is interesting to watch after good numbers posted by Axis Bank & Bad News on Kotak Bank. For today's intraday trading session key support to watch is 47740 levels.
• After opening if 47740 manage to hold on 15 to 30 mins sustain basis then once again bank nifty may try to move upside towards minimum 48225 to 48440 spot levels.
• Whereas after opening if 47740 fail to hold on 15 to 30 mins then we may immediate see pullback move towards minimum 47540 to 47360 & maximum 47100 spot levels.
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