NIFTY closes above 17500 mark for the first time - GEPL Capital
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Key Highlights
NIFTY closes above 17500 mark for the first time
NIFTY SPOT: 17519.45 (0.80%)
DYNAMIC PARAMETER: NIFTY gave consolidation breakout
TRADING ZONE: Resistance: 17575 (Key Resistance) / 17625 (Key Resistance level)
Support: 17386 (Day Low) / 17254 (Swing Low)
BROADER MARKET: Inline, MIDCAP 30175 (1.02%), SMALLCAP 10845 (0.65%)
Advance-Decline: 1262 / 695
VIEW: Bullish till above 17254 (Swing Low).
BANKNIFTY SPOT: 36852.25 (0.65%)
DYNAMIC PARAMETER: Index maintained Higher Top Higher Bottom pattern.
TRADING ZONE:
Resistance: 36950 (Day High) / 37140 (Swing High)
Support: 36496 (Day Low) / 36175 (20 Day SMA)
VIEW: Bullish till above 36175 (20 Day SMA).
Technical Snapshot
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