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NIFTY bounces back after 2 days of consolidation

NIFTY SPOT: 15638.8 (1.88%)

TRADING ZONE: Resistance: 15707 (Day High) / 15887 (Previous Week High)

Support: 15382 (Gap Support) / 15183 (3 Day Low)

BROADER MARKET: OUTPERFORMED

MIDCAP 150: 9876.3 (3.09%), SMALLCAP 250: 7893.4 (3.08%)

Advance-Decline: 1759 / 366

VIEW: Bearish till below 15887 (Previous Week High)

BANKNIFTY SPOT: 33191.75 (1.55%)

TRADING ZONE: Resistance: 33593 (Day High)/ 33774 (Last Week High) Support: 32797 (Day Low) / 32290 (3 Day Low)

VIEW: Bearish till below 33774 (Last Week High)

Technical Snapshot

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