09-07-2021 09:12 AM | Source: GEPL Capital Ltd
NIFTY Continues testing fresh life highs - GEPL Capital
News By Tags | #57 #879

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Key Highlights

NIFTY CONTINUES TESTING FRESH LIFE HIGHS!!

NIFTY SPOT: 17377.80 (0.31%)

DYNAMIC PARAMETER: NIFTY Forms a Spinning top pattern after testing life time high of 17429

TRADING ZONE: Resistance: 17429 (Daily high) / 17500 (Key Resistance level)

Support: 17345 (Day Low) / 17248 (3 Day Low)

BROADER MARKET: OUTPERFORMED,

MIDCAP 29178.35 (0.41%), SMALLCAP 10560 (1.09%)

Advance-Decline: 978 / 985

VIEW: Bullish till above 16722 (Gap Support).

 

BANKNIFTY SPOT: 36592.35 (-0.46%)

DYNAMIC PARAMETER: Index faces rejection near the 37000 mark.

TRADING ZONE:

Resistance: 36923 (Day High) / 37140 (Previous session high)

Support: 36469 (3Day Low) / 36300 (Multiple touch point level)

VIEW: Bearish till below 37000 (Multiple touch point level).

 

Technical Snapshot

 

To Read Complete Report & Disclaimer Click Here

 

To Know More Details Visit GEPL Capital

 

SEBI Registration number is INH000000081.

Please refer disclaimer at https://geplcapital.com/term-disclaimer

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer