NIFTY Spot View: 03/07/2025
CMP: 25453.40
Moving AVG (EMA) 20 Hour & 40 Hour: 25492 & 25435
Moving AVG (EMA) 20 Day & 40 Day: 25152 & 24859
Support & Downside Range: 25375—25300 zone, 25249--25000
Resistance & Upside Range: 25670—25875--26300
Short Term Trend Reversal Level: -- 24980
Trading View Summary:
• For today's intraday trading session key level to watch is 25375—25300 spot as support zone. After opening if this support zone manage to hold then we have to assume that 3 days pullback correction is over and now we get to see 5 to 7 trading session up move towards 25670 and above levels.
• Whereas after opening if 25375—25300 breaks on 1hr sustain basis or closing basis then I m afraid we may again see strong range bound market and we may not get trending market for next couple of days. So understand the importance of 25375—25300 support zone here.
CMP: 25453.40
Moving AVG (EMA) 20 Hour & 40 Hour: 25492 & 25435
Moving AVG (EMA) 20 Day & 40 Day: 25152 & 24859
Support & Downside Range: 25375—25300 zone, 25249--25000
Resistance & Upside Range: 25670—25875--26300
Short Term Trend Reversal Level: -- 24980
Trading View Summary:
• For today's intraday trading session key level to watch is 25375—25300 spot as support zone. After opening if this support zone manage to hold then we have to assume that 3 days pullback correction is over and now we get to see 5 to 7 trading session up move towards 25670 and above levels.
• Whereas after opening if 25375—25300 breaks on 1hr sustain basis or closing basis then I m afraid we may again see strong range bound market and we may not get trending market for next couple of days. So understand the importance of 25375—25300 support zone here.
