Nifty live Trading 23 Jan 2024

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Nifty Spot View: 23/01/2024
CMP: 21571.80
Moving AVG (EMA) 20 Hour & 40 Hour: 21626 & 21667
Moving AVG (EMA) 20 Day & 40 Day: 21568 & 21220
Support & Downside Range: 21502—21418 zone, 21285
Resistance & Upside Range: 21742—21780 zone, 21840
Short Term Trend Reversal Level: -- 21285

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Trading View: In today's trading session key level to watch is 21502 support as long as nifty remains above this support intraday bias remains bullish for upside minimum 21742 to 21780 and max 21840++ levels whereas after opening if 21502 breaks then intraday trend goes sideways till 21418 support so understand the importance of 21502 support and act accordingly. #NOTE: TREND REMAINS BULLISH ABOVE 21502, TREND REMAINS SIDEWAYS BELOW 21502, TREND REMAINS SELL ON RISE BELOW 21285.

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