NIFTY Spot View: 18/07/2025
CMP: 25111.45
Moving AVG (EMA) 20 Hour & 40 Hour: 25171 & 25210
Moving AVG (EMA) 20 Day & 40 Day: 25232 & 25042
Support & Downside Range: 25150—25085 zone, 25000--24950
Resistance & Upside Range: 25320—25340 zone, 25550
Short Term Trend Reversal Level: -- 25000---24950
Trading View Summary:
• Markets are trading in very narrow range since last couple of days. Now for today’s session key level to watch ahead of weekends are 25000—24950 spot levels on daily closing basis.
• Ideally in today’s session nifty should hold this support zone on daily closing basis and try to give a close worst case around 25250 and good case around 25320—25340 spot levels to go in a safe zone ahead of weekends.
• Whereas if nifty breaks 25000—24950 then I am afraid we may see a H&S breakdown which is not going to be a good sign and risk off bigger downside level may open. So if we get close below the given levels start managing your risk in your F&O position quickly.
