CMP: 24433.20
Moving AVG (EMA) 20 Hour & 40 Hour: 24328 & 24269
Moving AVG (EMA) 20 Day & 40 Day: 23859 & 23433
Support & Downside Range: 24360—24340 zone, 24220—24130
Resistance & Upside Range: 24470—24500 Zone, 24567--24706
Short Term Trend Reversal Level: -- 23334
Trading View Summary:
• In today's intraday trading session key level to watch is 24470—24500 as resistance zone.
• After opening if NIFTY fails to break & sustain above 24470---24500 rest zone then market may remain between sideways range of 24470—24500 to 24220 spot levels.
• Whereas after opening if NIFTY manage to break & sustain above 24470—24500 then we may see more intraday extension move towards minimum 24567 to maximum 24706 spot levels.