Finnifty Trading Guide : 08 Jan 2025

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FINNIFTY Spot View For: 08/01/2025
CMP: 23430.30
Moving AVG (EMA) 20 Hour & 40 Hour: 23522 & 23573
Moving AVG (EMA) 20 Day & 40 Day: 23843 & 23934
Support & Downside Range: 23050--22500
Resistance & Upside Range: 23550—23645—23775--24050
Short Term Trend Reversal Level: -- 
Trading View Summary:
• For today's intraday trading session key level to watch is 23550—23645 as resistance zone.
• After opening if FINNIFTY manage to hold this rest zone then we may immediate moves lower towards 23050 and lower levels.
• Whereas after opening if 23550—23645 breaks on sustain basis then trend turns sideways for remaining hours of the day.

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