BANKNIFTY Spot View: 11/06/2024
CMP: 49780.90
Moving AVG (EMA) 20 Hour & 40 Hour: 49638 & 49375
Moving AVG (EMA) 20 Day & 40 Day: 48862 & 48475
Support & Downside Range: 49600—49270--48660
Resistance & Upside Range: 50385--50560
Short Term Trend Reversal Level: --
Trading View Summary:
• In today's intraday trading session key level to watch is 49600 as support & 50385 as resistance.
• As long as BANKNIFTY remains above 49600 its trend remains bullish for upside minimum 50385 & maximum 50560 spot levels.
• Whereas after opening if 49600 breaks then we may immediate see profit booking pullback move towards minimum 49270 to maximum 48660 spot levels.
