CMP: 24812.05
Moving AVG (EMA) 20 Hour & 40 Hour: 24844 & 24872
Moving AVG (EMA) 20 Day & 40 Day: 24810 & 24560
Support & Downside Range: 24700—24650 zone, 24460--24360
Resistance & Upside Range: 25250--25450
Short Term Trend Reversal Level: --
Trading View Summary:
• Market condition is very weird since last couple of weeks and stuck in a very big sideways range. For today's intraday session level are same to watch which is 24700—24650 support zone if this manage to hold on closing basis then bulls still have a chance to bounce back and take control in hand.
• Whereas close below 24700—24650 selling pressure might go intense and this time we may break 24460 spot levels so understand the importance of 24700—24650 spot levels here and act accordingly.