#NIFTY Spot View: 27/11/2024
CMP: 24194.50
Moving AVG (EMA) 20 Hour & 40 Hour: 24064 & 23934
Moving AVG (EMA) 20 Day & 40 Day: 24053 & 24332
Support & Downside Range: 23935--23800
Resistance & Upside Range: 24765--25230
Short Term Trend Reversal Level: --
Trading View Summary:
No Change In levels same as yesterday
• For today's intraday trading session key level to watch is 23935—23800 support zone.
• As long as this support zone is holding on daily closing basis trend of NIFTY remains in relief bounce mode and it can try to move upside towards 24765 to 25230 spot levels.
• Whereas only daily close below 23935—23800 we have to assume that recent trading high is our short term big rest and we have started the next leg of selling.
• So understand the importance of 23935—23800 support zone.
CMP: 24194.50
Moving AVG (EMA) 20 Hour & 40 Hour: 24064 & 23934
Moving AVG (EMA) 20 Day & 40 Day: 24053 & 24332
Support & Downside Range: 23935--23800
Resistance & Upside Range: 24765--25230
Short Term Trend Reversal Level: --
Trading View Summary:
No Change In levels same as yesterday
• For today's intraday trading session key level to watch is 23935—23800 support zone.
• As long as this support zone is holding on daily closing basis trend of NIFTY remains in relief bounce mode and it can try to move upside towards 24765 to 25230 spot levels.
• Whereas only daily close below 23935—23800 we have to assume that recent trading high is our short term big rest and we have started the next leg of selling.
• So understand the importance of 23935—23800 support zone.
