NIFTY Spot View: 19/08/2024
CMP: 24541.15
Moving AVG (EMA) 20 Hour & 40 Hour: 24335 & 24313
Moving AVG (EMA) 20 Day & 40 Day: 24369 & 24174
Support & Downside Range: 24480—24450 zone, 24385—24330 zone, 24258
Resistance & Upside Range: 24687—24851—24960--25080
Short Term Trend Reversal Level: -- 24099
Trading View Summary:
• Backed by strong global recovery we have a key level to watch for today's intraday trading session are 24480—24450 spot levels.
• As long as NIFTY is trading above this support zone its intraday trend remains strong and bullish for upside minimum 24687 to 24851 and maximum 24960 to 25080 spot levels.
• Whereas after opening if nifty breaks 24480—24450 on 30mins to 1hr sustain basis then intraday trend turns sideways for the remaining hours of the day.
CMP: 24541.15
Moving AVG (EMA) 20 Hour & 40 Hour: 24335 & 24313
Moving AVG (EMA) 20 Day & 40 Day: 24369 & 24174
Support & Downside Range: 24480—24450 zone, 24385—24330 zone, 24258
Resistance & Upside Range: 24687—24851—24960--25080
Short Term Trend Reversal Level: -- 24099
Trading View Summary:
• Backed by strong global recovery we have a key level to watch for today's intraday trading session are 24480—24450 spot levels.
• As long as NIFTY is trading above this support zone its intraday trend remains strong and bullish for upside minimum 24687 to 24851 and maximum 24960 to 25080 spot levels.
• Whereas after opening if nifty breaks 24480—24450 on 30mins to 1hr sustain basis then intraday trend turns sideways for the remaining hours of the day.
