CMP: 23658.35
Moving AVG (EMA) 20 Hour & 40 Hour: 23389 & 23151
Moving AVG (EMA) 20 Day & 40 Day: 22848 & 22951
Support & Downside Range: 23600—23550 zone, 23465--23250
Resistance & Upside Range: 23820—24000--24200
Short Term Trend Reversal Level: -- 22442
Trading View Summary:
• For today's intraday trading session key level to watch is 23820 as resistance after opening & 23600—23550 as support zone after opening.
• After opening if nifty holds 23600—23550 and manage to move above 23820 on 1hr sustain basis then we may see extension in ongoing up move towards minimum 24000 and maximum 24200 spot levels.
• Whereas after opening if NIFTY holds 23820 and manage to break 23600—23550 on 1hr sustain basis then we may see cooling off pullback move towards 23465 to 23250 spot levels.
• So understand the importance of today's key levels.