CMP: 21571.75
Moving AVG (EMA) 20 Hour & 40 Hour: 21806 & 21817
Moving AVG (EMA) 20 Day & 40 Day: 21572 & 21166
Support & Downside Range: 21448—21347--20867
Resistance & Upside Range: 21535—21650—21740--21865
Short Term Trend Reversal Level: -- 21125
Trading View: yesterday we closed below crucial fib support of 21680 as well as crucial support zone of 21637—21595 which has weaken the ongoing bull trend for time being and opens the door for downside level 20867 minimum, now for today's intraday trading session key level to watch is 21448—21347 after opening if nifty comes to this support zone then ideally one cooling off bounce should come till minimum 21535 to 21650 and max 21740 so that oversold RSI of 1hr time frame get some space to complete the cycle.. whereas after opening if 21448—21347 fail to hold the support then selling pressure gets intense with oversold rsi and we may fall downside till 20867 support so understand the importance of 21448—21347 support and act accordingly.