NIFTY Spot View: 24/12/2024
CMP: 23753.45
Moving AVG (EMA) 20 Hour & 40 Hour: 23858 & 24032
Moving AVG (EMA) 20 Day & 40 Day: 24233 & 24321
Support & Downside Range: 23647—23537--23263
Resistance & Upside Range: 23870--24065—24180--24295
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 23870 as resistance which is yesterday swing high. If nifty moves above this rest then we may see bounce towards 24065 to 24180 spot levels and from here we may start moving lower.
• Whereas after opening if 23870 holds and nifty breaks 23647—23537 spot levels then selling pressure gets intense and we may fall towards 23263 and below levels.
