#BANKNIFTY Spot View: 18/04/2024
CMP: 47484.80
Moving AVG (EMA) 20 Hour & 40 Hour: 47827 & 48047
Moving AVG (EMA) 20 Day & 40 Day: 47702 & 47297
Support & Downside Range: 47265—46935--46520
Resistance & Upside Range: 47725—47985—48195--48475
Short Term Trend Reversal Level: -- 49070
Trading View Summary:
• In today’s trading session key level to watch is 47265 as support.
• After opening if 47265 manage to hold than we may immediate see upside bounce towards minimum 47725 to 47985 & maximum 48195 to 48475 spot levels.
• Whereas after opening if 47265 fail to hold on 15 to 30 mins sustain basis than we may see more intraday downside move towards minimum 46935 to maximum 46520 spot levels.
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