NIFTY Spot View: 30/07/2025
CMP: 24821.10
Moving AVG (EMA) 20 Hour & 40 Hour: 24801 & 24890
Moving AVG (EMA) 20 Day & 40 Day: 25072 & 25013
Support & Downside Range: 24600—24465--24185
Resistance & Upside Range: 24890—24955—25050--25250
Short Term Trend Reversal Level: --
Trading View Summary:
• In yesterday's session nifty manage to hold the support of 24600 low posted 24598 and closed at day high's for today's session and session's to come now 24600 has become key mom dad support to watch on 1hr sustain basis and closing basis. If this support manage to hold nifty gives us follow through up move and close above 25050—25100 then will get a sign that 24600 is our short term bottom and we are once again heading higher.
• Whereas if nifty fail to move above 25050—25100 and breaks 24600 then we may open the door towards 23800 to 23500 levels. So understand the importance of 24600 spot levels now.
