NIFTY Spot View: 16/10/2024
CMP: 25057.35
Moving AVG (EMA) 20 Hour & 40 Hour: 25062 & 25073
Moving AVG (EMA) 20 Day & 40 Day: 25252 & 25149
Support & Downside Range: 24920----24690
Resistance & Upside Range: 25235--25490
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's trading session key level to watch is 24920 as support zone.
• As long as NIFTY is trading above this support zone it may try to move upside towards minimum 25235 to maximum 25490 spot levels.
• Whereas after opening if 24920 breaks on 1hr sustain basis then once again we may see a weakness to come in the market.
