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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