Finnifty Trading Guide for 09 Jan 2025

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FINNIFTY Spot View For: 09/01/2025
CMP: 23236.05
Moving AVG (EMA) 20 Hour & 40 Hour: 23365 & 23491
Moving AVG (EMA) 20 Day & 40 Day: 23787 & 23901
Support & Downside Range: 23050--22500
Resistance & Upside Range: 23430—23550--23705
Short Term Trend Reversal Level: -- 
Trading View Summary:
• For today's intraday trading session key level to watch is 23430—23550 as rest zone. 
• Any bounce around this rest zone may face selling pressure and once again FINIFTY may try to move below 23050 levels.
• Only close above 23550 spot levels FINIFTY trend may go sideways to confusing else it remains sell on rise only.

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