Nifty Spot View: 18/12/2023
CMP: 21456.65
Today mkt will open gap down. Start small qty as we will look for buying opportunity in ce ( will be testing water) and thereafter scale up. If you want to make profit in 1 hour in morning than you can not afford to miss our bank nifty option tips on a daily basis which requires a small capital of 10k to get started.
Moving AVG (EMA) 20 Hour & 40 Hour: 21225 & 21102
Moving AVG (EMA) 20 Day & 40 Day: 20563 & 20181
Support & Downside Range: 21388—21323 zone, 21225—21131--21014
Resistance & Upside Range: 21500—21610—21700--21870
Short Term Trend Reversal Level: -- 20769
Trading View: In today's trading session key level to watch is 21388—21323 spot as support after opening if this support zone manage to hold then we may again see up move to get extend upside till minimum 21610 to 21700 and max 21870 spot levels whereas after opening if 21388—21323 breaks and we get 15 to 30 mins sustain below this support zone then we may see a cooling off pull back till downside 21225 to 21131 minimum and max 21014 spot levels so understand the importance of 21388—21323 support on intraday basis and act accordingly.
