Bank Nifty Tips Based on Institutional Open Interest Data
BANKNIFTY Spot View: 21/07/2025
CMP: 56283
Moving AVG (EMA) 20 Hour & 40 Hour: 56646 & 56782
Moving AVG (EMA) 20 Day & 40 Day: 56752 & 56252
Support & Downside Range: 56000---55700--55000
Resistance & Upside Range: 56500—56780--57000
Short Term Trend Reversal Level: --
Trading View Summary:
• For todays intraday session key level to watch is 56000 spot levels on 1hr sustain basis. After opening if this support manage to hold then we may once again move upside towards 56500 and above levels.
• Whereas after opening if 56000 breaks on sustain basis then more downside risk may open towards 55000 levels.
