CMP: 56459.75
Moving AVG (EMA) 20 Hour & 40 Hour: 565621& 56380
Moving AVG (EMA) 20 Day & 40 Day: 55704 & 54785
Support & Downside Range: 56160--55400
Resistance & Upside Range: 57765--58920
Short Term Trend Reversal Level: --
Trading View Summary:
• BANKNIFTY trend remains buy on dips as long as 56160 spot levels is holding on daily closing basis. Only break below 56160 trend of BANKNIFTY may go sideways for next 3-4 session else anytime we can expect a leadership move from BANKNIFTY.