NIFTY Spot View: 09/06/2025
CMP: 25003.05
Moving AVG (EMA) 20 Hour & 40 Hour: 24819 & 24769
Moving AVG (EMA) 20 Day & 40 Day: 24674 & 24377
Support & Downside Range: 24600-24500, 24360
Resistance & Upside Range: 25120—25250--25450
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session now key level to watch is 24600—24500 spot support zone. As long as nifty remains above this support zone we have to start believing that now all the consolidation of past few weeks is over and now nifty is ready for next rally upside move. For trading prospective 25120 should act as immediate resistance break above move can extend towards 25250 to 25450 spot levels. Now fresh weakness comes only if we get a daily close below 24500 spot levels.
