NIFTY Spot View: 31/10/2024
CMP: 24340.85
Moving AVG (EMA) 20 Hour & 40 Hour: 24376 & 24407
Moving AVG (EMA) 20 Day & 40 Day: 24740 & 24880
Support & Downside Range: 24265—24134--23850
Resistance & Upside Range: 24565—24600 zone, 24695--24920
Short Term Trend Reversal Level: -- 25235
Trading View Summary:
• For today's intraday trading session key level to watch is 24265 as support.
• As long as NIFTY is trading above this support level its trend remains bullish for upside minimum 24565 to 24600 and maximum 24695 to 24920 spot levels.
• Whereas after opening if 24265 breaks on 1hr sustain basis then once again trend turns sideways and chances are also high that NIFTY can retest 24134 to 23850 spot levels.
CMP: 24340.85
Moving AVG (EMA) 20 Hour & 40 Hour: 24376 & 24407
Moving AVG (EMA) 20 Day & 40 Day: 24740 & 24880
Support & Downside Range: 24265—24134--23850
Resistance & Upside Range: 24565—24600 zone, 24695--24920
Short Term Trend Reversal Level: -- 25235
Trading View Summary:
• For today's intraday trading session key level to watch is 24265 as support.
• As long as NIFTY is trading above this support level its trend remains bullish for upside minimum 24565 to 24600 and maximum 24695 to 24920 spot levels.
• Whereas after opening if 24265 breaks on 1hr sustain basis then once again trend turns sideways and chances are also high that NIFTY can retest 24134 to 23850 spot levels.
