Nifty Spot View: 27/10/2023
CMP: 18857.25
Moving AVG (EMA) 20 Hour & 40 Hour: 19078 & 19265
Moving AVG (EMA) 20 Day & 40 Day: 19520 & 19563
Support & Downside Range: 18835—18800 zone, 18620
Resistance & Upside Range: 19038—19070 zone, 19100—19170 zone
Short Term Trend Reversal Level: -- 19685
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Trading View: Market breath is extremely oversold, in today's trading session key level to watch is 18835—18800 spot levels after opening if this levels manage to hold then we may see cooling off bounce back upside for minimum 19038—19070 to max 19100 to 19170 levels, whereas after opening if we again break 18835—18800 then we may immediate open for downside 18620 as next downside levels.
