BANKNIFTY Spot View: 02/09/2025
Key Levels & Moving Averages
CMP: 54002.45
Moving AVG (EMA) 20 Hour & 40 Hour: 54032 & 54362
Moving AVG (EMA) 20 Day & 40 Day: 55102 & 55503
Support & Downside Range: 53715--53450—53000--52750
Resistance & Upside Range: 54100—54350--54685
Short Term Trend Reversal Level: --
Moving AVG (EMA) 20 Hour & 40 Hour: 54032 & 54362
Moving AVG (EMA) 20 Day & 40 Day: 55102 & 55503
Support & Downside Range: 53715--53450—53000--52750
Resistance & Upside Range: 54100—54350--54685
Short Term Trend Reversal Level: --
Trading View Summary
• For today intraday session, the key support zone to watch is 53715. If BANKNIFTY manages to hold this support after opening, we may see a bounce up move towards minimum 54100 to 54350 and maximum 54685 spot levels.
• If BANKNIFTY fails to hold 53715 after opening, it may fall towards 53450 and lower levels.
• If BANKNIFTY fails to hold 53715 after opening, it may fall towards 53450 and lower levels.
Tags: BANKNIFTY, Intraday, Spot View, Support & Resistance, EMA
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Written by Indian-Share-Tips.com, which is a SEBI Registered Advisory Services
