NIFTY Spot View: 12/11/2024
CMP: 24141.30
Moving AVG (EMA) 20 Hour & 40 Hour: 24191 & 24206
Moving AVG (EMA) 20 Day & 40 Day: 24445 & 24658
Support & Downside Range: 24060—24000 zone, 23816--23500
Resistance & Upside Range: 24280—24350 zone, 24600--24760--25050
Short Term Trend Reversal Level: -- 23816
Trading View Summary:
• For today's intraday trading session key level to watch is 24060—24000 support zone on 1hr sustain basis and closing basis for next directional view.
• After opening if 24060--24000 manage to hold on sustain basis then we may immediate tries to move upside towards 24280--24350 and above levels.
• Whereas after opening if 24060-24000 breaks on 1hr sustain basis then nifty can fall towards 23816 and below levels.
• So understand the importance of 24060--24000 and act accordingly.
