Banknifty Tip for 30 May 2025

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BANKNIFTY Spot View: 30/05/2025
CMP: 55546.05
Moving AVG (EMA) 20 Hour & 40 Hour: 55335 & 55340
Moving AVG (EMA) 20 Day & 40 Day: 54943 & 53992
Support & Downside Range: 55000--54570
Resistance & Upside Range: 56115—56350--56500
Short Term Trend Reversal Level: --

Trading View Summary:
•  BANNIFTY too held well our support of 55000 in yesterday's session and gave sharp bounce which makes 55000 new base support now as long as this holds trend remains bullish for upside 56115 and above levels. Now fresh weakness comes only on close below 55000 spot levels.

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