Nifty Spot View: 10/11/2023
CMP: 19395.30
Moving AVG (EMA) 20 Hour & 40 Hour: 19407 & 19360
Moving AVG (EMA) 20 Day & 40 Day: 19361 & 19439
Support & Downside Range: 19390--19310—19230
Resistance & Upside Range: 19465--19530—19550--19610
Short Term Trend Reversal Level: -- 19230--19200
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Trading View: In today's trading session key level to watch is 19390—19310 support zone, if we are into extended uptrend then ideally after gap down nifty should defend 19310 on closing basis whereas upside now 19465 acts as immediate rest break above we may move towards extended levels. #note if we break 19230—19200 spot then we have to assume that 19465 is our short term top and we are once again heading towards 18837 below levels so understand the importance of 19230-19200 levels here.
