Market welcomes Union Budget positively - GEPL Capital
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Key Highlights:
Market welcomes Union Budget positively
NIFTY SPOT: 17576.85 (+1.37%)
TRADING ZONE: Resistance: 17630 (20 Week SMA) / 17768 (20 Day SMA)
Support: 17430 (50 Day SMA) / 17244 (Day Low)
BROADER MARKET: Inline MIDCAP 30611 (+1.12%), SMALLCAP 11179 (+0.57%)
Advance-Decline: 1168 / 951
VIEW: Bullish above 17630 (20 Week SMA).
BANKNIFTY SPOT: 38505.50 (+1.40%)
TRADING ZONE: Resistance: 38855 (5 Week High)/ 39220 (Gap Resistance)
Support: 38000 (Key Support) / 37702 (Day Low)
VIEW: Bullish above 38855 (5 Week High)
Technical Snapshot
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