BANKNIFTY Spot View: 08/07/2025
CMP: 56949.20
Moving AVG (EMA) 20 Hour & 40 Hour: 56946 & 56960
Moving AVG (EMA) 20 Day & 40 Day: 56586 & 55890
Support & Downside Range: 56650—56280
Resistance & Upside Range: 57630--58000
Short Term Trend Reversal Level: --
Trading View Summary:
NO CHANGE IN VIEW & LEVELS.
• For today's intraday trading session key level to watch is 56650—56600 spot levels on 1hr sustain basis. If this support zone manage to hold then once again BANKNIFTY may try to move upside towards 57630 and above levels. Only break below 56650—56600 on sustain basis we may see further weakness and sideways trend for remaining hours of the day.
CMP: 56949.20
Moving AVG (EMA) 20 Hour & 40 Hour: 56946 & 56960
Moving AVG (EMA) 20 Day & 40 Day: 56586 & 55890
Support & Downside Range: 56650—56280
Resistance & Upside Range: 57630--58000
Short Term Trend Reversal Level: --
Trading View Summary:
NO CHANGE IN VIEW & LEVELS.
• For today's intraday trading session key level to watch is 56650—56600 spot levels on 1hr sustain basis. If this support zone manage to hold then once again BANKNIFTY may try to move upside towards 57630 and above levels. Only break below 56650—56600 on sustain basis we may see further weakness and sideways trend for remaining hours of the day.
