CMP: 25453.40
Moving AVG (EMA) 20 Hour & 40 Hour: 25492 & 25435
Moving AVG (EMA) 20 Day & 40 Day: 25152 & 24859
Support & Downside Range: 25375—25300 zone, 25249--25000
Resistance & Upside Range: 25670—25875--26300
Short Term Trend Reversal Level: -- 24980
Trading View Summary:
• For today's intraday trading session key level to watch is 25375—25300 spot as support zone. After opening if this support zone manage to hold then we have to assume that 3 days pullback correction is over and now we get to see 5 to 7 trading session up move towards 25670 and above levels.
• Whereas after opening if 25375—25300 breaks on 1hr sustain basis or closing basis then I m afraid we may again see strong range bound market and we may not get trending market for next couple of days. So understand the importance of 25375—25300 support zone here.