BANKNIFTY Spot View: 27/05/2024
CMP: 48971.65
Moving AVG (EMA) 20 Hour & 40 Hour: 48611 & 48364
Moving AVG (EMA) 20 Day & 40 Day: 48194 & 47973
Support & Downside Range: 48735—48670 Zone, 48430--48240
Resistance & Upside Range: 49060—49350—49620--50000
Short Term Trend Reversal Level: -- 47340
Trading View Summary:
• In today's trading session key level to watch is 48735—48670 support zone.
• As long as BANKNIFTY remains above 48735—48670 it can try to move upside towards minimum 49350 to 49620 & maximum 50000 spot levels.
• Whereas if 48735—48670 fail to hold than we may see small pullback move towards 48430 to 48240 spot levels.
CMP: 48971.65
Moving AVG (EMA) 20 Hour & 40 Hour: 48611 & 48364
Moving AVG (EMA) 20 Day & 40 Day: 48194 & 47973
Support & Downside Range: 48735—48670 Zone, 48430--48240
Resistance & Upside Range: 49060—49350—49620--50000
Short Term Trend Reversal Level: -- 47340
Trading View Summary:
• In today's trading session key level to watch is 48735—48670 support zone.
• As long as BANKNIFTY remains above 48735—48670 it can try to move upside towards minimum 49350 to 49620 & maximum 50000 spot levels.
• Whereas if 48735—48670 fail to hold than we may see small pullback move towards 48430 to 48240 spot levels.