Nifty Trading Plan on Saturday

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Nifty Spot View: 20/01/2024
CMP: 21622.40
Moving AVG (EMA) 20 Hour & 40 Hour: 21626 & 21685
Moving AVG (EMA) 20 Day & 40 Day: 21567 & 21202
Support & Downside Range: 21575—21539—21485--21410
Resistance & Upside Range: 21680—21704 zone, 21742—21780 zone, 21840
Short Term Trend Reversal Level: -- 21285

If making money is on your mind as a trader then you cannot afford to ignore our bank nifty tips and we trade for a limited period of one hour.

Trading View: In today's trading session key level to watch is 21575—21539 support zone, after opening if this support zone manage to hold then we may see immediate up move towards minimum 21742—21780 and max 21840 levels whereas after opening if 21539 manage to break then intraday trend turns sideways and we may move downside towards 21485 to 21410 levels so understand the importance of 21539 and act accordingly #NOTE : TREND BULLISH ABOVE 21539, TREND SIDEWAYS BELOW 21539, TREND : BEARISH BELOW 21485.

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