NIFTY Spot View: 28/05/2024
CMP: 22932.45
Moving AVG (EMA) 20 Hour & 40 Hour: 22932 & 22799
Moving AVG (EMA) 20 Day & 40 Day: 22526 & 22405
Support & Downside Range: 22860—22790--22700
Resistance & Upside Range: 23110---23200---23350
Short Term Trend Reversal Level: -- 22054
Trading View Summary:
• In yesterday's trading session we saw a sharp decline in last hour of trading session which was well needed. Now in today's intraday trading session key level to watch is 22860 spot levels.
• After opening if 22860 manage to hold on 15 to 30 mins sustain basis then we may immediate moves upside towards 23110 & above levels.
• Whereas after opening if 22860 fail to hold on sustain basis then we may see pullback move towards minimum 22790 to 22700 spot levels which is going to be a good BUYING OPPORTUNITY by keeping 22520 spot as pattern negation levels.
CMP: 22932.45
Moving AVG (EMA) 20 Hour & 40 Hour: 22932 & 22799
Moving AVG (EMA) 20 Day & 40 Day: 22526 & 22405
Support & Downside Range: 22860—22790--22700
Resistance & Upside Range: 23110---23200---23350
Short Term Trend Reversal Level: -- 22054
Trading View Summary:
• In yesterday's trading session we saw a sharp decline in last hour of trading session which was well needed. Now in today's intraday trading session key level to watch is 22860 spot levels.
• After opening if 22860 manage to hold on 15 to 30 mins sustain basis then we may immediate moves upside towards 23110 & above levels.
• Whereas after opening if 22860 fail to hold on sustain basis then we may see pullback move towards minimum 22790 to 22700 spot levels which is going to be a good BUYING OPPORTUNITY by keeping 22520 spot as pattern negation levels.
