!bank nifty overview and direction discussion
HDFCBANK ICICIBANK INDUSINDBK SBIN PNB
Banknifty trading above 50 exponential average but has given its closing below 20 exponential moving average on 9th April 2025
50 exponential moving average will act as a good support level and
200 exponential movie average will act as an important resistance level
Now if the price increases, the 20 moving average will cross the 100 moving average from below upwards, then we will be bullish in bank nifty
#IndexStrategies#TechnicalViews#Today’sTradingSetup#WatchOutFor

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