Nifty Spot View: 29/01/2024
CMP: 21352.60
Moving AVG (EMA) 20 Hour & 40 Hour: 21369 & 21446
Moving AVG (EMA) 20 Day & 40 Day: 21512 & 21238
Support & Downside Range: 21213.65—21137.20--20920
Resistance & Upside Range: 21482--21543—21620 zone, 21750
Short Term Trend Reversal Level: -- 21750
CMP: 21352.60
Moving AVG (EMA) 20 Hour & 40 Hour: 21369 & 21446
Moving AVG (EMA) 20 Day & 40 Day: 21512 & 21238
Support & Downside Range: 21213.65—21137.20--20920
Resistance & Upside Range: 21482--21543—21620 zone, 21750
Short Term Trend Reversal Level: -- 21750
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Trading View: In today's trading session key level to watch is 21213.65 as support after opening if this support manage to hold then nifty can move immediate upside towards minimum 21482 to 21543 and max 21620 to 21750 zone whereas after opening if 21213.65 manage to break then we may fall downside towards minimum 21137.20 to 20920 levels so understand the importance of 21213.65 support on intraday basis and act accordingly.
#NOTE: TREND REMAINS SIDEWAYS BETWEEN 21213.65 TO 21482, TREND TURNS SIDEWAYS TO BULLISH ABOVE 21543 TILL 21620, TREND TURNS BULLISH ABOVE 21750, TREND TURNS SIDEWAYS BELOW 21213.65.
