NIFTY Spot View: 05/09/2024
CMP: 25198.70
Moving AVG (EMA) 20 Hour & 40 Hour: 25201 & 25178
Moving AVG (EMA) 20 Day & 40 Day: 24879 & 24584
Support & Downside Range: 25083.80—24964--24869
Resistance & Upside Range: 25260---25334—25421--25534
Short Term Trend Reversal Level: -- 24869
Trading View Summary:
• In today's trading session key level to watch is 25083 which is yesterday's low.
• As long as NIFTY is trading above this support level its trend remains bullish for upside minimum 25334 to 25421 and maximum 25534 spot levels.
• Whereas after opening if NIFTY breaks 25083 than we may again see some pullback corrective move in the market.
