BANKNIFTY Spot View: 10/06/2024
CMP: 49803.20
Moving AVG (EMA) 20 Hour & 40 Hour: 49342 & 49121
Moving AVG (EMA) 20 Day & 40 Day: 48766 & 48408
Support & Downside Range: 49390—49045—48480--48020
Resistance & Upside Range: 50060—50385--50560
Short Term Trend Reversal Level: --
Trading View Summary:
• In today's intraday trading session key level to watch is 49390—49045 support zone.
• As long as BANKNIFTY is trading above 49390—49045 its short term trend remains bullish for upside minimum 50060 to 50385 & maximum 50560 spot levels.
• Whereas after opening if BANKNIFTY breaks 49390--49045 spot levels it's going to be a first sign of profit booking pullback & in that case BANKNIFTY can fall downside towards minimum 48480 to maximum 48020 spot levels.
CMP: 49803.20
Moving AVG (EMA) 20 Hour & 40 Hour: 49342 & 49121
Moving AVG (EMA) 20 Day & 40 Day: 48766 & 48408
Support & Downside Range: 49390—49045—48480--48020
Resistance & Upside Range: 50060—50385--50560
Short Term Trend Reversal Level: --
Trading View Summary:
• In today's intraday trading session key level to watch is 49390—49045 support zone.
• As long as BANKNIFTY is trading above 49390—49045 its short term trend remains bullish for upside minimum 50060 to 50385 & maximum 50560 spot levels.
• Whereas after opening if BANKNIFTY breaks 49390--49045 spot levels it's going to be a first sign of profit booking pullback & in that case BANKNIFTY can fall downside towards minimum 48480 to maximum 48020 spot levels.
