Banknifty plan for 10 Feb

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BANKNIFTY Spot View: 10/02/2025
CMP: 50158.85
Moving AVG (EMA) 20 Hour & 40 Hour: 50165 & 49969
Moving AVG (EMA) 20 Day & 40 Day: 49622 & 50030
Support & Downside Range: 49480--48900--48500—48300 zone, 47840
Resistance & Upside Range: 50390—50700--51175
Short Term Trend Reversal Level: --

Trading View Summary:

•  For today's intraday trading session key level to watch is 49480 as support.
•  As long as BANKNIFTY is trading above this support level its trend remains bullish for upside minimum 50700 and maximum 51175 spot levels.
•  Whereas after opening if it breaks 49480 then trend turns sideways for remaining hours of the day.

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