FINNIFTY View For: 07/12/2023
CMP: 21026.75
Moving AVG (EMA) 20 Hour & 40 Hour: 21019 & 20912
Moving AVG (EMA) 20 Day & 40 Day: 20408 & 20039
Support & Downside Range: 20980—20850 zone, 20680—20530 zone--20330
Resistance & Upside Range: 21170—21200 zone, 21370--21800
Short Term Trend Reversal Level: -- 19470
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Trading View: In today's intraday trading session key level to watch is 21170—21200 rest zone after opening if this rest manage to hold then fin nifty can give cool off pull back downside till minimum 20850 and max 20680 to 20530 levels whereas after opening if 21170—21200 manage to break and we get 15 to 30 mins sustain above it then fin nifty can give extended up move with overbought RSI and it can move upside till minimum 21370 to max 21800 spot levels so understand the importance of 21170—21200 rest zone and act accordingly.
