Banknifty Trading Tip for 20 May 2025

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BANKNIFTY Spot View: 20/05/2025
CMP: 55420.70
Moving AVG (EMA) 20 Hour & 40 Hour: 55315 & 55139
Moving AVG (EMA) 20 Day & 40 Day: 54481 & 53350
Support & Downside Range: 55200---54880--54475
Resistance & Upside Range: 55700--56115
Short Term Trend Reversal Level: --

Trading View Summary:
•  For todays intraday trading session key level to watch is 55200—54880 support zone as long as this support zone holds bank nifty may try to move upside towards 55700 to 56115 in days to come. Only below 54880 trend turns sideways again.

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