Nifty Ends Lower But Manages To Hold 17k Mark - GEPL Capital
Key Highlights:
NIFTY ENDS LOWER BUT MANAGES TO HOLD 17k MARK
NIFTY SPOT: 17038.4 (-0.94%)
TRADING ZONE:
Resistance: 17212 (200 Day SMA) / 17445 (20 Day SMA)
Support: 16958 (Day Low) / 16824 (Previous week Low)
BROADER MARKET: OUTPERFORMED
MIDCAP 150: 11213.4 (-0.83%), SMALLCAP 250: 9568.55 (-0.57%)
Advance-Decline: 584/ 1473
VIEW: Rangebound between 16800-17450
BANKNIFTY SPOT: 36028.85 (-1.03%)
TRADING ZONE:
Resistance: 36380 (Gap Resistance)/ 36909 (200 Day SMA)
Support: 35747 (Day Low) / 35550 (Key Support)
VIEW: Bearish till below 36909 (200 Day SMA)
Technical Snapshot
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