Nifty Spot View: 29/09/2023
CMP: 19523.55
Moving AVG (EMA) 20 Hour & 40 Hour: 19635 & 19687
Moving AVG (EMA) 20 Day & 40 Day: 19726 & 19624
Support & Downside Range: 19492--19411—19211--19100
Resistance & Upside Range: 19579—19629—19678—19708--19767
Short Term Trend Reversal Level: -- 20222
Wanna make money in intraday then none can beat our nifty trading tips on a daily basis.
Trading View: Due to yesterday's sharp pull back in last 10 mins nifty has created a little doubt on it's pattern so in today's trading session we will keep close eye on one level which is 19678 spot levels as long as nifty remains below this rest zone on closing basis our direction is on point and we are heading downside only whereas if we get a close above 19678 spot then will have to make slight changes in my wave counts and as per this wave counts 19492 will become wave A and up move from 19492 will become wave B pull back which can post double top near 19767 or can do 19840 max and after that we may head lower in wave C.
