NIFTY Spot View: 19/02/2024
CMP: 22040.70
Moving AVG (EMA) 20 Hour & 40 Hour: 21934 & 21864
Moving AVG (EMA) 20 Day & 40 Day: 21748 & 21536
Support & Downside Range: 21995—21906—21834--21735
Resistance & Upside Range: 22038—22088—22139--22301
Short Term Trend Reversal Level: -- 21533
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Trading View Summary:
• In today's trading session key level to watch is 22088—22139 rest zone after opening if this rest zone manage to hold then we may immediate see pull back towards minimum 21995 to 21906 & max 21834 to 21735 spot levels.
• Intraday up move get extend only if 22139 manage to break on 1hr sustain basis & in that case move can extend till 22301 levels
Nifty Closing Guidance for 19/02/2024: CMP 22040.70
• Nifty low probability close should remain at or below 21995 spot levels.
• Nifty High probability close should remain at or below 21906 spot levels.
