Nifty Spot view : 06 Jan 2025

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NIFTY Spot View: 06/01/2025
CMP: 24004.75
Moving AVG (EMA) 20 Hour & 40 Hour: 23996 & 23967
Moving AVG (EMA) 20 Day & 40 Day: 24017 & 24158
Support & Downside Range: 23910—23840--23720
Resistance & Upside Range: 24340—24660
Short Term Trend Reversal Level: -- 

Trading View Summary:
• For today's intraday trading session key level to watch is 23910 as support.
• After opening if 23910 manage to hold on 30 mins to 1hr sustain basis then we may move upside towards 24340 and above levels.
• Whereas after opening if 23910 breaks on sustain basis then we may fall towards 23840 to 23720 spot levels.

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