NIFTY Spot View: 02/09/2025
Key Levels & Moving Averages
Moving AVG (EMA) 20 Hour & 40 Hour: 24593 & 24669
Moving AVG (EMA) 20 Day & 40 Day: 24751 & 24812
Support & Downside Range: 24560—24500--24330
Resistance & Upside Range: 24674—24720 zone, 24860--25025
Short Term Trend Reversal Level: --
Trading View Summary
• If NIFTY manages to hold 24560 after opening, we may see upside moves towards minimum 24674–24720 and maximum 24860 spot levels.
• If NIFTY breaks 24560 after opening, the trend may turn weak, and we may revisit 24330 and lower levels.
Investor Takeaway
Tags: NIFTY, Intraday, Spot View, Support & Resistance, EMA
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