Banknifty Rocks : If Yesterday Day High Broken - New Trend Commences

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BANKNIFTY Spot View: 19/03/2025
CMP: 49314.50
Moving AVG (EMA) 20 Hour & 40 Hour: 48677 & 48500
Moving AVG (EMA) 20 Day & 40 Day: 48638 & 49044
Support & Downside Range: 49050—48850 zone, 48690--48475
Resistance & Upside Range: 49630—49850--50310
Short Term Trend Reversal Level: -- 

Trading View Summary:
•  For today's intraday trading session key level to watch is 49050—48850 support zone and this support zone should also act as buying zone.
•  As long as BANKNIFTY is holding this support zone its trend remains bullish for upside minimum 49630 to 49850 and maximum 50310 spot levels.

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