SEBI meet on F&O segment will decide how many expiries an exchange can have and its impact will be seen in tomorrow market. However, today market will be cautious
NIFTY Spot View: 30/09/2024
CMP: 26178.95
Moving AVG (EMA) 20 Hour & 40 Hour: 26125 & 26003
Moving AVG (EMA) 20 Day & 40 Day: 25539 & 25152
Support & Downside Range: 26060—26000 zone, 25920--25800
Resistance & Upside Range: 26350-26500
Short Term Trend Reversal Level: -- 25045
Trading View Summary:
• In today's intraday trading session key level to watch is 26350 resistance.
• After opening if 26350 fail to break on 30 mins to 1hr sustain basis than we may see a pullback move towards 26060—26000 minimum and maximum 25920 to 25800 spot levels.
• Whereas after opening if 26350 manage to break than once again move gets extend with shallow pullback towards 26500 and above levels.
