Nifty Tip to Make Profit on 20 May

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NIFTY Spot View: 20/05/2025
CMP: 24945.45
Moving AVG (EMA) 20 Hour & 40 Hour: 24928 & 24810
Moving AVG (EMA) 20 Day & 40 Day: 24387 & 23981
Support & Downside Range: 24875—24700--24500
Resistance & Upside Range: 25250—25375--25710
Short Term Trend Reversal Level: -- 24500

Trading View Summary:
•  For today's intraday trading session key level to watch is 24875—24700 spot levels. As long as nifty is holding or any pullback in this zone act as a buying zone. And on a larger trend point of view 24500 should act as immediate mom dad support on closing basis.
•  On the way up nifty should try to move towards 25250 to 25375 minimum and maximum 25710 in days to come as part of short term projection.

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