NIFTY Spot View: 18/11/2024
CMP: 23559.05
Moving AVG (EMA) 20 Hour & 40 Hour: 23716 & 23877
Moving AVG (EMA) 20 Day & 40 Day: 24239 & 24519
Support & Downside Range: 23500—23450 Zone, 23300--22975
Resistance & Upside Range: 23676—23850--24000--24150
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 23500—23450 as support & upside 23676 as resistance.
• After opening if nifty manage to hold 23500—23450 then we have a chance to see the short covering move today from oversold breath & it can move upside towards 23676 and above levels.
• Whereas after opening if NIFTY fail to break 23676 and breaks 23500—23450 on 15 mins to 30 mins sustain basis then we may see little more downside towards 23300 minimum to max 22975 spot levels.
CMP: 23559.05
Moving AVG (EMA) 20 Hour & 40 Hour: 23716 & 23877
Moving AVG (EMA) 20 Day & 40 Day: 24239 & 24519
Support & Downside Range: 23500—23450 Zone, 23300--22975
Resistance & Upside Range: 23676—23850--24000--24150
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 23500—23450 as support & upside 23676 as resistance.
• After opening if nifty manage to hold 23500—23450 then we have a chance to see the short covering move today from oversold breath & it can move upside towards 23676 and above levels.
• Whereas after opening if NIFTY fail to break 23676 and breaks 23500—23450 on 15 mins to 30 mins sustain basis then we may see little more downside towards 23300 minimum to max 22975 spot levels.
