NIFTY Spot View: 11/06/2024
CMP: 23259.20
Moving AVG (EMA) 20 Hour & 40 Hour: 23133 & 22960
Moving AVG (EMA) 20 Day & 40 Day: 22713 & 22559
Support & Downside Range: 23200—23100--22910--22600
Resistance & Upside Range: 23450--23760
Short Term Trend Reversal Level: --
Trading View Summary:
• In today's intraday trading session key level to watch is 23450 as resistance & 23200 as support.
• As long as nifty is trading above 23200 its intraday trend remains bullish for upside minimum 23450 & maximum 23760 spot levels.
• Whereas after opening if 23200 breaks then we may immediate see profit booking pullback move towards minimum 23100 to 22910 & maximum 22600 spot levels.
• #NOTE: larger trend remains buy on dips & even if we see a pullback there is a good possibility that stock specific move remains continue.
