Nifty Future Prediction 31 May

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NIFTY Spot View: 31/05/2024
CMP: 22488.65
Moving AVG (EMA) 20 Hour & 40 Hour: 22675 & 22725
Moving AVG (EMA) 20 Day & 40 Day: 22566 & 22444
Support & Downside Range: 22470—22417 Zone, 22300—22250 zone
Resistance & Upside Range: 22585—22630 Zone, 22685—22765 Zone, 22870
Short Term Trend Reversal Level: -- 22054

Trading View Summary:
•  In today's trading session key level to watch is 22470—22417 as support zone.
•  As long as nifty is above 22470—22417 spot levels intraday trend remains up for minimum 22585—22630 & maximum 22685 to 22765 spot levels.
•  Whereas below 22470-22417 spot levels intraday trend remains sideways to weak for 22300—22250 spot levels.

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