NIFTY Spot View: 26/08/2024
CMP: 24823.15
Moving AVG (EMA) 20 Hour & 40 Hour: 24795 & 24713
Moving AVG (EMA) 20 Day & 40 Day: 24518 & 24299
Support & Downside Range: 24696—24654 zone, 24580--24490
Resistance & Upside Range: 24960—25130--25350
Short Term Trend Reversal Level: -- 24099
Trading View Summary:
• NO MAJOR CHANGE IN THE VIEW ITS SAME AS LAST FRIDAY: In today's intraday trading session key level to watch is 24696—24654 support zone.
• As long as nifty is holding this support zone its intraday trend remains bullish for upside minimum 24960 to 24130 and maximum 24350 spot levels.
• Whereas after opening if nifty breaks 24696—24654 on sustain basis than intraday trend turns sideways for remaining hours of the day.
