CMP: 25522.50
Moving AVG (EMA) 20 Hour & 40 Hour: 25459 & 25448
Moving AVG (EMA) 20 Day & 40 Day: 25256 & 24969
Support & Downside Range: 25330—25300 zone, 25249--25000
Resistance & Upside Range: 25580---25670—25875--26300
Short Term Trend Reversal Level: -- 24980
Trading View Summary:
• Despite of all this past couple of sideways range bound trend finally nifty gave a first sign of trending direction by closing above 25500 spot levels. Now for today's intraday trading session key levels to watch remains same 25330—25300. As long as nifty remains above this support zone on daily closing basis its trend remains bullish for upside 25580 and above levels.
• Now further weakness only on close below 25330—25300 spot levels.