CMP: 22545.05
Moving AVG (EMA) 20 Hour & 40 Hour: 22588 & 22678
Moving AVG (EMA) 20 Day & 40 Day: 22984 & 23234
Support & Downside Range: 22430---22240--22006
Resistance & Upside Range: 22707—22825--23050
Short Term Trend Reversal Level: -- 23050
Trading View Summary:
• Global markets are falling today in fear of the TARRIF WAR started by TRUMP.
• Our market breath is extremely over sold despite of that we are not getting necessary bounce. In today's trading session key level to watch is 22430 spot levels on closing basis.
• After opening if 22430 manage to hold then we may once again try to move upside towards 22707 and above levels.
• Whereas after opening if 22430 breaks on sustain and closing basis then we may see lower levels despite of oversold breath and can fall towards 22240 to 22006 spot levels and more lower.