IGI Logo

Key Highlights:

NIFTY breaches 16800 mark after the sudden rate hike by RBI….

NIFTY SPOT: 16677.6 (-2.29%)

TRADING ZONE:

Resistance: 16824 (Hourly Resistance) / 17000 (Key Resistance)

Support: 16555 (Key Support) / 16335 (Key Support)

BROADER MARKET: OUTPERFORMED

MIDCAP 150: 10916.35 (-2.05%), SMALLCAP 250: 9183.4 (-2.28%)

Advance-Decline: 401/ 1706

VIEW: Bearish till below 17000 (Multiple Touch Points Level)

BANKNIFTY SPOT: 35264.55 (-2.49%)

TRADING ZONE:

Resistance: 35630 (Intraday Resistance)/ 36309 (Day High)

Support: 35000 (Key Support) / 34625 (Key Support)

VIEW: Bearish till below 36923 (200 Day SMA)

Technical Snapshot

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

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