Banknifty Trading Tip for 09 June 2025

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BANKNIFTY Spot View: 09/06/2025
CMP: 56578.40
Moving AVG (EMA) 20 Hour & 40 Hour: 56065 & 55856
Moving AVG (EMA) 20 Day & 40 Day: 55380 & 54485
Support & Downside Range: 55350--55000--54570
Resistance & Upside Range: 56950—57765--58920
Short Term Trend Reversal Level: --

Trading View Summary:
•  For today's intraday trading session and days to come we have only one support to watch which is 55350 spot levels as long as BANKNIFTY remains above this support zone now the trend remains buy on dips for upside 56950 to 57765 minimum to maximum 58920 spot levels. Now fresh weakness comes only break below 55350 spot levels.

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