NIFTY Spot View: 14/07/2025
CMP: 25149.85
Moving AVG (EMA) 20 Hour & 40 Hour: 25309 & 25369
Moving AVG (EMA) 20 Day & 40 Day: 25271 & 25018
Support & Downside Range: 25073—24880--24733
Resistance & Upside Range: 25320—25340 zone, 25550
Short Term Trend Reversal Level: --
Trading View Summary:
• In last Friday's session we saw nifty close around day's low. Currently nifty 1hr RSI has reached 19 and Daily RSI has reached to 48 odd levels which means spaces has created on RSI point of view. For today's session key level to watch is 25073 spot levels on 1hr sustain basis.
• After opening if 25073 manage to hold then nifty may try to move upside towards 25320—25340 here it may face the first big resistance. Whereas after opening if 25073 breaks on 1hr sustain basis then with oversold hourly RSI we may continue to fall towards minimum 24880 and maximum 24733 spot levels.
