NIFTY breaches the 16K mark - GEPL Capital
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Key Highlights:
NIFTY breaches the 16K mark
NIFTY SPOT: 15808 (-2.22%)
TRADING ZONE:
Resistance: 16041 (Day High) / 16170 (Gap Resistance)
Support: 15670 (8th March Low) / 15400 (Key Support)
BROADER MARKET: OUTPERFORMED
MIDCAP 150: 10062.45 (-2.15%), SMALLCAP 250: 8202.15 (-1.66%)
Advance-Decline: 447/ 1676
VIEW: Bearish till below 17251 (200 Day SMA)
BANKNIFTY SPOT: 33532.15 (-3.35%)
TRADING ZONE:
Resistance: 33800 (Multiple Touch points)/ 34341 (Day High)
Support: 33297 (Day Low) / 32950 (Key Support)
VIEW: Bearish till below 36894 (200 Day SMA)
Technical Snapshot
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