Banknifty Bullish till above 42948 2 Week Low - GEPL Capital
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Key Highlights:
The NIFTY closes below 20 Day SMA (18530)….
NIFTY SPOT: 18414.9 (-1.32%)
TRADING ZONE:
Resistance: :18530 (20 Day SMA) / 18670 (Key Resistance)
Support: 18345 (5 Day Low) / 18133 (Key Support).
BROADER MARKET: OUTPERFORMED
MIDCAP 150: 12237.9 (-0.91%), SMALLCAP 250: 9810.2 (-0.43%)
VIEW: Bullish till above 18345 (5 Day Low).
BANKNIFTY SPOT: 43498.2 (-1.25%)
TRADING ZONE:
Resistance: 43700 (Key Resistance) / 44000 (Key Resistance)
Support:43185 (20 Day SMA) / 42948 (2 Week Low)
VIEW: Bullish till above 42948 (2 Week Low)
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