Nifty Spot View: 24/08/2022
Cmp: 17577.50
Support & Downside Range: 17509—17411—17345
Resistance & Upside Range: 17793
Short Term Trend Reversal Level: -- 17793
Trading View: Nifty has retraced has retraced 38.2% of the previous fall and also holding 20 hour moving average this move can extend till 17769 to 17745 also which is 50% and 61.8% retracement levels if nifty sustain above 17626 spot levels whereas a fall starts once nifty breaks and sustain below 17509 spot levels for 15-30 mins and in such case we may fall minimum intraday till 17411 and max 17345 levels.
Cmp: 17577.50
Support & Downside Range: 17509—17411—17345
Resistance & Upside Range: 17793
Short Term Trend Reversal Level: -- 17793
Trading View: Nifty has retraced has retraced 38.2% of the previous fall and also holding 20 hour moving average this move can extend till 17769 to 17745 also which is 50% and 61.8% retracement levels if nifty sustain above 17626 spot levels whereas a fall starts once nifty breaks and sustain below 17509 spot levels for 15-30 mins and in such case we may fall minimum intraday till 17411 and max 17345 levels.
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