Bearish till below 40500 - GEPL Capital
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NIFTY SPOT: 17080.7 (0.76%)
TRADING ZONE:
Resistance: 17126 (Day High) / 17216 (20 Days SMA)
Support: 17918 (3 Day Low) / 16828 (Key Support).
BROADER MARKET: OUTPERFORMED
MIDCAP 150: 11250.7 (1.67%), SMALLCAP 250: 8654.9 (1.7%)
VIEW: Bearish till below 17216 (20 Days SMA)
BANKNIFTY SPOT: 39910.15 (0.86%)
TRADING ZONE:
Resistance: 40201 (Prior Week High) / 40500 (Key Resistance)
Support: 39609 (Day Low) / 39273 (Weekly Low)
VIEW: Bearish till below 40500 (Key Resistance)
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