BANKNIFTY Spot View: 13/02/2025
CMP: 49479.45
Moving AVG (EMA) 20 Hour & 40 Hour: 49531 & 49661
Moving AVG (EMA) 20 Day & 40 Day: 49617 & 49971
Support & Downside Range: 49235—48750--48440
Resistance & Upside Range: 50070--50390
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 49235—48750 support zone.
• After opening if BANKNIFTY manage to hold this support zone then immediate we may moves upside towards 50070 to 50390 spot levels.
• Whereas after opening if BANKNIFTY breaks 48750 on closing basis then once again selling pressure can build on banknifty and banking stocks.
