CMP: 22462
Moving AVG (EMA) 20 Hour & 40 Hour: 22369 & 22263
Moving AVG (EMA) 20 Day & 40 Day: 22133 & 22006
Support & Downside Range: 22425—22395 zone, 22310—22240 zone, 22170
Resistance & Upside Range: 22491—22530 zone, 22700--22845
Short Term Trend Reversal Level: --
Trading View Summary:
• In today's intraday trading session key level to watch is 22425—22395 support zone, after opening if this support zone manage to hold on 15 to 30 mins sustain basis than we may immediate moves upside towards 22530++ levels.
• After opening if 22420—22395 fail to hold on 15 to 30 mins sustain basis than we may open for downside pull back levels 22310 to 22240 spot levels minimum.
• Long term trend turns bullish if nifty gives a daily close above 22845 spot levels, till the time we are below 22845 spot levels we can expect nifty to remain in a range of 22845 upside & downside 21710 ahead of Election. So understand the importance of 22845 spot levels here on closing basis.