Nifty Spot View: 10/01/2024
CMP: 21544.85
Moving AVG (EMA) 20 Hour & 40 Hour: 21632 & 21634
Moving AVG (EMA) 20 Day & 40 Day: 21370 & 20939
Support & Downside Range: 21492—21450—21400 zone, 21250
Resistance & Upside Range: 21725-- 21765—21844 zone
Short Term Trend Reversal Level: -- 21250
CMP: 21544.85
Moving AVG (EMA) 20 Hour & 40 Hour: 21632 & 21634
Moving AVG (EMA) 20 Day & 40 Day: 21370 & 20939
Support & Downside Range: 21492—21450—21400 zone, 21250
Resistance & Upside Range: 21725-- 21765—21844 zone
Short Term Trend Reversal Level: -- 21250
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Trading View: In today's trading session key level to watch is 21492 spot as support and 21450 spot as closing basis support, after opening and after today's opening if this support manage to hold then we may again head higher towards 21725—21765 minimum and max 21844++ levels whereas if we break and closes below 21492—21450 then we may do sideways correction few more days and market trend remains range bound with high volatile speed so understand the importance of 21492—21450 support on intraday basis and closing basis here.
