CMP: 19811.85
Moving AVG (EMA) 20 Hour & 40 Hour: 19768 & 19724
Moving AVG (EMA) 20 Day & 40 Day: 19543 & 19518
Support & Downside Range: 19700 zone, 19665--19630
Resistance & Upside Range: 19830—19873 zone, 19930--20000
Short Term Trend Reversal Level: -- 19665--19630
Trading View: In yesterday's trading session we saw break down and in last couple of hour market recovered very sharp and manage to close above 19800 which has given us clarity that market is in mood of more extension and on a larger point of view as long as nifty is trading above 19665—19630 spot levels its intraday bias remains sideways to bullish and nifty may head upside towards minimum 19873 to 19930 and max 20000 as part of intraday trading we may see fresh break down when nifty breaks 19630 and we get 1hr sustain or close below it till then short term bias remains sideways to bullish only.