BANKNIFTY SPOT SUPPORTS
Updated
BANKNIFTY The benchmark index is looking weak and currently trading in downtrend on the basis of price action and on moving average basis so I tried to find out some key levels of supports on both parameters below
PRICE ACTION SUPPORTS-:
Support 1- 41856
Support 2- 40855
Support 3- 39690
MOVING AVERAGES SUPPORTS-:
EMA 20- 43068 Status Breached
EMA 50- 42153 Status Active
EMA 100-40723 Status Active
EMA 200- 39040 Status Active
MOVING AVERAGES SUPPORTS
PRICE ACTION SUPPORTS-:
Support 1- 41856
Support 2- 40855
Support 3- 39690
MOVING AVERAGES SUPPORTS-:
EMA 20- 43068 Status Breached
EMA 50- 42153 Status Active
EMA 100-40723 Status Active
EMA 200- 39040 Status Active
MOVING AVERAGES SUPPORTS
Note
PRICE ACTION SUPPORT 1 TESTED
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