TRADING CALLS
- Achiievers Equites Ltd
- Aiwin Commodity Borker Pvt Ltd
- Angel One
- Arihant Capital Markets Ltd
- Axis Securities
- Chirag Singhvi
- Choice International Ltd
- Elite Wealth Advisors Ltd
- Emkay Global Financial Services Ltd
- Geojit Financial Services Ltd.
- GEPL Capital
- Green India Commodities
- HDFC Securities
- Hem Securities Ltd
- ICICI Direct
- ICICI Securities
- InvestmentGuruIndia.com
- Jainam Share Consultants Pvt Ltd
- Karvy Currency Derivatives
- Kedia Commodities
- KIFS Trade Capital
- LKP Securities
- Maitra Commodities Pvt. Ltd.
- Mansukh Securities & Finance Ltd
- Monarch Networth Capital Limited
- Motilal Oswal Financial Services Ltd
- Nirmal Bang Securities Pvt Ltd
- Reliance Securities
- Religare Broking Limited
- Sky commodities Pvt Ltd
- SPA Securities Ltd
- Sushil finance
- Swastika Investmart Ltd
- Tradebulls Securities (P) Ltd
- Ventura Securities Ltd
GEPL Capital
Published on 07-05-2026 05:52 pm
TRADING ZONE:
Resistance: 24500 (Pivot Level) and 24700 (Key Resistance)
Support: 24150 (Multiple Touches) and 23950 (Key Support).
STRATEGY: Bullish till above 23950 (Key Support).
BANK NIFTY SPOT: 56094(+0.20%)
TRADING ZONE:
Resistance: 57000 (Pivot Level) / 58000 (Key Resistance)
Support: 55500 (Pivot Level) / 55000 (Key Support)
STRATEGY: Bullish till above 55000 (Key Support).
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Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081
GEPL Capital
Published on 07-05-2026 05:51 pm
Technical Data Points
NIFTY SPOT: 24335 (+0.02%)
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Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081
GEPL Capital
Published on 07-05-2026 05:50 pm
What should short term traders expect?
The Index can LONG above 24400 for the potential target of 24500 and 24580 the stop loss of 24330 level.
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GEPL Capital
Published on 07-05-2026 05:49 pm
Levels to watch:
The Nifty has its crucial resistance 24500 (Pivot Level) and 24700 (Key Resistance). While support on the downside is placed at 24150 (Multiple Touches) and 23950 (Key Support).
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Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081
GEPL Capital
Published on 07-05-2026 05:48 pm
Technical Summary:
The index opened on a muted note and remained range-bound throughout the trading session. On the daily scale, the index continued to sustain above its 20- and 50-DEMAs, indicating a positive short-term trend. The momentum indicator, MACD, remained above the equilibrium line, signaling a pickup in momentum and supporting the ongoing bullish undertone. On the sectoral front, Defence and Capital Market stocks emerged as the top gainers, while Consumer Durable and FMCG indices ended marginally lower for the day
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Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081
