Banknifty Trading Tip for 08 May

Edit this post
BANKNIFTY Spot View: 08/05/2025
CMP: 54610.90
Moving AVG (EMA) 20 Hour & 40 Hour: 54601 & 54759
Moving AVG (EMA) 20 Day & 40 Day: 53847 & 52563
Support & Downside Range: 53740--53010
Resistance & Upside Range: 56240—56500---57420
Short Term Trend Reversal Level: -- 

Trading View Summary:
NO CHANGE IN LEVELS

•  For today's intraday trading session key level to watch is 53740 spot levels.
•  After opening if this support zone manage to hold on 1hr sustain basis then we may move once again towards 56240 and above levels.
•  Whereas after opening if 53740 breaks on 1hr sustain basis then we may see a pullback move towards 53010 and lower levels.

Related Posts

Nifty / Bank Nifty Option Tip

Looking to trade intraday Nifty or Bank Nifty options? Our Nifty / Bank Nifty Option Tip shares trading calls with a defined entry, target and stop loss, so you know your risk before you trade. It suits traders who follow the market on a trading screen as well as those who place orders through their broker or by phone. Click on Image or Post Title to Read More.

Latest Video Reviews by Clients

Watch video reviews recorded by our clients about their experience with Indian-Share-Tips.com services, including the Nifty / Bank Nifty Option Tip and Delivery Tip. Click on Image or Post Title to Read More.

Awards and Recognition

See the awards and recognition Indian-Share-Tips.com has received over the years for its work in stock market research and investor education. Click on Image or Post Title to Read More.