CMP: 51157.80
Moving AVG (EMA) 20 Hour & 40 Hour: 51653 & 51707
Moving AVG (EMA) 20 Day & 40 Day: 51700 & 51730
Support & Downside Range: 50870—50500—50100--49500
Resistance & Upside Range: 51500—51750----52200--52580
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 51500—51750 as resistance zone.
• As long as BANK NIFTY is trading below this rest zone now its trend remains weak for downside minimum 50500 to 50100 spot levels and max 49500 spot levels. Only close above 51500—51750 once again BANKNIFTY trend turns into range bound.