BANKNIFTY Spot View: 28/05/2025

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BANKNIFTY Spot View: 28/05/2025
CMP: 55352.80
Moving AVG (EMA) 20 Hour & 40 Hour: 55330 & 55250
Moving AVG (EMA) 20 Day & 40 Day: 54823 & 53835
Support & Downside Range: 55000--54570
Resistance & Upside Range: 56115—56350--56500
Short Term Trend Reversal Level: -- 

Trading View Summary:
•  For today's intraday trading session key level to watch is 55000 spot levels. After opening if this support manage to hold then once again we may move upside towards 56115 and above levels.
•  Whereas after opening if 55000 breaks then trend remains sideways for the day.

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