01-01-1970 12:00 AM | Source: GEPL Capital
NIFTY breaches below 50 Day SMA (17850) - GEPL Capital
News By Tags | #57 #879

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Key Highlights

NIFTY breaches below 50 Day SMA (17850)

NIFTY SPOT: 17764.80 (-0.75%)

DYNAMIC PARAMETER: NIFTY maintained Lower Top Lower Bottom pattern.

TRADING ZONE: Resistance: 17850 (50 Day SMA) / 17994 (20 Day SMA)

Support: 17688 (Day Low) / 17613 (Swing Low)

BROADER MARKET: UNDERPERFORMED, MIDCAP 31271 (-1.44%), SMALLCAP 11036 (-1.63)

Advance-Decline: 463 / 1526

VIEW: Bearish till below 17994 (20 Day SMA).

 

BANKNIFTY SPOT: 37976.25 (-0.17%)

DYNAMIC PARAMETER: Index closed below 50 Day SMA .

TRADING ZONE:

Resistance: 38436 (50 Day SMA) / 38725 (3 Day High)

Support: 37748 (Day Low) / 37500 (Key Support)

VIEW: Bearish till below 38436 (50 Day SMA).

 

Technical Snapshot

 

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