Nifty Spot View: 15/02/2024
CMP: 21840.05
Moving AVG (EMA) 20 Hour & 40 Hour: 21713 & 21727
Moving AVG (EMA) 20 Day & 40 Day: 21697 & 21489
Support & Downside Range: 21750—21707 zone, 21634—21577--21533
Resistance & Upside Range: 21880—21923 zone, 22053--22126
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Short Term Trend Reversal Level: -- 21533
#TradingView: In today's trading session key level to watch is 21750—21707 support zone as long as nifty remains above this support zone intraday bias remains bullish for upside minimum 21880—21923 levels & max 22053 to 22126 levels, whereas after opening if 21750—21707 manage to break on 15 to 30 mins sustain basis then once again entire bias of the day turns into range bound where 21880—21923 acts as upside band of the range & 21533—21577 acts as downside band of the range. So understand the importance of 21750—21707 support on intraday 15 to 30 mins sustain basis & act accordingly.
