BANKNIFTY Spot View: 14/10/2024
CMP: 51172.30
Moving AVG (EMA) 20 Hour & 40 Hour: 51251 & 51389
Moving AVG (EMA) 20 Day & 40 Day: 51984 & 51871
Support & Downside Range: 50900--50700—50520 zone, 50150
Resistance & Upside Range: 51800—52100--52525
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 50900 support zone.
• As long as BANKNIFTY is trading above 50900 we have a chance to get upside bounce towards 51800 to 52100 minimum
• Whereas after opening IF BANKNIFTY breaks 50900 then once again we may see a sideways trend during the day.
