Nifty Spot View: 24/11/2023
CMP: 19802
Moving AVG (EMA) 20 Hour & 40 Hour: 19796 & 19756
Moving AVG (EMA) 20 Day & 40 Day: 19568 & 19532
Support & Downside Range: 19780--19760 zone, 19700--19665--19630
Resistance & Upside Range: 19873 --19930--20000
Short Term Trend Reversal Level: -- 19665--19630
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Trading View: In today's trading key level to watch is 19780—19760 support zone as long as nifty remains above this support zone its intraday bias remains sideways to bullish for upside minimum 19873 to 19930 and max 20000 projection whereas after opening if we break 19780—19760 then for time being for few hours intraday bias goes sideways and we have to wait for bullish pattern confirmation again #note on a larger note as long as nifty is above 19665—19630 support bulls will try for extension only so know your levels and act accordingly.
