NIFTY Spot View: 24/09/2024
CMP: 25939.05
Moving AVG (EMA) 20 Hour & 40 Hour: 25766 & 25615
Moving AVG (EMA) 20 Day & 40 Day: 25265 & 24953
Support & Downside Range: 25845—25775--25720
Resistance & Upside Range: 26020—26115--26185
Short Term Trend Reversal Level: -- 25045
Trading View Summary:
• We are heading towards Monthly Expiry so we can expect a good volatile move in next 2 to 3 trading sessions.
• For today's intraday trading session key level to watch is 25845 support. As long as NIFTY is trading above this support levels its intraday trend remains bullish for upside minimum 26020 to 26115 and maximum 26185 spot levels.
• Whereas after opening if NIFTY breaks 25845 than we may see a small pullback to cool of the overheated RSI of short term time frame.
