Finnifty Plan for Trading

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FINNIFTY View For: 08/12/2023
CMP: 21023.45
Moving AVG (EMA) 20 Hour & 40 Hour: 21019 & 20968
Moving AVG (EMA) 20 Day & 40 Day: 20531 & 20133
Support & Downside Range: 20900--20680—20530 zone--20330
Resistance & Upside Range: 21075--21170—21200 zone, 21370--21800
Short Term Trend Reversal Level: -- 19470

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Trading View: In today's trading session key level to watch is 20900 as support which is yesterday's low, now fresh intraday weakness we may see once fin nifty moves below 20900 spot and in that case we may see downside move till minimum 20680 to 20530 whereas if fin nifty manage to hold 20900 support and moves above 21075 rest then once again fin nifty may try to move upside towards 21170 to 21200 and max 21370 levels so understand the importance of 20900 support and 21075 rest here and act accordingly.

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