BANKNIFTY Spot View: 18/10/2024
CMP: 51288.80
Moving AVG (EMA) 20 Hour & 40 Hour: 51523 & 51571
Moving AVG (EMA) 20 Day & 40 Day: 51884 & 51838
Support & Downside Range: 51100—50800--50500
Resistance & Upside Range: 52050--52325
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 51100--50800 support zone.
• After opening if 51100—50800 manage to hold then we may again have chance to move upside towards 52050 and above levels in days to come.
• Whereas after opening if 51100—50800 breaks on sustain and closing basis then once again we may see more selling pressure to build in BANKINDEX and we may see more downside levels in days to come.
CMP: 51288.80
Moving AVG (EMA) 20 Hour & 40 Hour: 51523 & 51571
Moving AVG (EMA) 20 Day & 40 Day: 51884 & 51838
Support & Downside Range: 51100—50800--50500
Resistance & Upside Range: 52050--52325
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 51100--50800 support zone.
• After opening if 51100—50800 manage to hold then we may again have chance to move upside towards 52050 and above levels in days to come.
• Whereas after opening if 51100—50800 breaks on sustain and closing basis then once again we may see more selling pressure to build in BANKINDEX and we may see more downside levels in days to come.
