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9/11/2021 9:57:45 AM | Source: GEPL Capital
NIFTY closes just shade short of 20 Day SMA - GEPL Capital
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NIFTY closes just shade short of 20 Day SMA - GEPL Capital

Key Highlights

NIFTY closes just shade short of 20 Day SMA….

NIFTY SPOT: 18068.55 (0.85%)

DYNAMIC PARAMETER: NIFTY formed Hammer candle pattern.

TRADING ZONE: Resistance: 18190 (Key Resistance) / 18342 (3 Week High)

Support: 17836 (Day Low) / 17757 (3 Day Low)

BROADER MARKET: OUTPERFORMED, MIDCAP 31818 (1.20%), SMALLCAP 11158 (1.08)

Advance-Decline: 1101 / 910

VIEW: Bullish above 18190 (Key Resistance).

 

BANKNIFTY SPOT: 39438.25 (-0.34%)

DYNAMIC PARAMETER: Index formed Hammer candle pattern.

TRADING ZONE:

Resistance: 39734 (2 Day High) / 40160 (3 Day High)

Support: 38932 (Day Low) / 38426 (Swing Low)

VIEW: Bullish above 40160 (3 Day High).

 

Technical Snapshot

 

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