CMP: 24716.60
Moving AVG (EMA) 20 Hour & 40 Hour: 24722 & 24753
Moving AVG (EMA) 20 Day & 40 Day: 24638 & 24297
Support & Downside Range: 24460—24370—23950--23800
Resistance & Upside Range: 24900--25120—25250
Short Term Trend Reversal Level: --
Trading View Summary:
• Since last couple of days market is trading in very narrow range having upside resistance placed at 24900 and downside support placed at 24460-24360 spot levels.
• Now fresh trending move comes on break of either side. Above 24900 market once again start its trending moves and try to attempt 25120 and above levels. Whereas break below 24460—24360 spot levels risk opens for downside 23950—23800 spot levels.