Nifty Trading Tip : 12 Feb 2025

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NIFTY Spot View: 12/02/2025
CMP: 23071.80
Moving AVG (EMA) 20 Hour & 40 Hour: 23318 & 23398
Moving AVG (EMA) 20 Day & 40 Day: 23393 & 23547
Support & Downside Range: 22970—22900—22786--22600
Resistance & Upside Range: 23415—23600--23810
Short Term Trend Reversal Level: -- 22786

Trading View Summary:
•  Despite of oversold breath markets are unable to bounce back but we still have a chance if downside 22900 manage to hold on daily closing basis then once again we can move upside.
•  Whereas if 22900 fail to hold on closing basis then we can fall towards 22786 to 22600 spot levels.

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