BANKNIFTY Spot View: 01/02/2025CMP: 49587. 20Moving AVG (EMA) 20 Hour & 40 Hour: 49236 & 49059Moving AVG (EMA) 20 Day & 40 Day: 49318 & 50018Support & Downside Range: 48500—48300 zone, 47840Resistance & Upside Range: 49700--50390Short Term Trend ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | BANKNIFTY Spot View: 01/02/2025CMP: 49587.20Moving AVG (EMA) 20 Hour & 40 Hour: 49236 & 49059Moving AVG (EMA) 20 Day & 40 Day: 49318 & 50018Support & Downside Range: 48500—48300 zone, 47840Resistance & Upside Range: 49700--50390Short Term Trend Reversal Level: -- Trading View Summary:• For today's intraday trading session key level to watch is 48500—48300 support zone.• What is Dollar Index and why it's important ?Dollar Index (often referred as to DXY) is a measure of the value of the U.S. dollar relative to a basket of 6 Foreign Currencies🔰Foreign Currency Weightages against the measureEuro - 57%Japanese Yen - 13.6%Canadian Dollar - 9.1%British Pound - 11.9%Swedish Krona - 4.2%Swiss Franc - 3.6%⏳Created - 1973Base Value - 100Let me explain in simple words | |