CMP: 24888.20
Moving AVG (EMA) 20 Hour & 40 Hour: 25049 & 25007
Moving AVG (EMA) 20 Day & 40 Day: 24799 & 24500
Support & Downside Range: 24750—24700 zone, 24540—24460--24360
Resistance & Upside Range: 25250--25450
Short Term Trend Reversal Level: --
Trading View Summary:
• In yesterday's session we saw a good pullback in the market and broader selling. For today's session key level to watch is 24740—24700 spot levels as support on daily closing basis. After opening if this support manage to hold then once again we may find stability and tries to move upside towards 25250 and above levels. Whereas if we break 24740—24700 then downside risk towards minimum 24540 and maximum 24460 to 24360 opens. So understand the importance of 24740—24700 support here.