NIFTY Spot View: 22/04/2025

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NIFTY Spot View: 22/04/2025
CMP: 24125.55
Moving AVG (EMA) 20 Hour & 40 Hour: 23768 & 23475
Moving AVG (EMA) 20 Day & 40 Day: 23176 & 23105
Support & Downside Range: 23835—23616 zone, 23255--22970
Resistance & Upside Range: 24250—24360--24750
Short Term Trend Reversal Level: --

Trading View Summary:
•  For today's intraday trading session key level to watch is 23835--23616 support zone.
•  After opening if 23835--23616 manage to hold on 1hr sustain basis then we may see extension move towards minimum 24250 to 24360 and maximum 24750 spot levels.
•  Whereas after opening if 23835--23616 breaks on 1hr sustain basis then we may see a cooling off pullback and nifty can fall towards minimum 23255 to maximum 22970levels in next couple of days.

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