CMP: 25013.15
Moving AVG (EMA) 20 Hour & 40 Hour: 25010 & 25187
Moving AVG (EMA) 20 Day & 40 Day: 25395 & 25183
Support & Downside Range: 24900—24815--24690
Resistance & Upside Range: 25160—25280--25490
Short Term Trend Reversal Level: --
Trading View Summary:
• In yesterday's trading session we saw a short covering move in the market from key support levels.
• Now for today's intraday trading session key level to watch is 24900—24815 as support zone.
• As long as nifty is trading above this support zone on 1hr sustain basis it's intraday trend remains bullish for upside minimum 25160 to maximum 25280 to 25490 spot levels.
• Whereas after opening if 24900—24815 breaks on 1hr sustain basis then once again we may see intraday weakness in the market and it can retest 24690 and lower levels.