Bank Nifty Analysis

Today Bank Nifty Traded in closed band. 21 EMA (48642) may cross 55 EMA (48645). Nifty may open in positive. 48545 was important resistance and Bank Nifty traded above and closed near 1st resistance level 48925. Tomorrow, if Bank Nifty open and traded above 1st resistance (48925) level for first 15 Min then will touch 2nd resistance level (49125) and important and 3rd resistance (49378).

1st resistance 48925
2nd resistance 48125
3rd resistance 49378 (important)
4th resistance 49709 (strong)