NIFTY closes above 20 Day SMA (16741) for the 1st time after 21st Jan 2022 - GEPL Capital
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Key Highlights:
NIFTY closes above 20 Day SMA (16741) for the 1st time after 21st Jan 2022.…
NIFTY SPOT: 16871.3 (1.45%)
TRADING ZONE:
Resistance: 16974 (200 Day SMA) / 17030 (Gap Resistance)
Support: 16750 (Intraday Support) / 16606 (Day Low)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 10619.55 (0.14%), SMALLCAP 250: 9143.55 (0.41%)
Advance-Decline: 943 / 1115
VIEW: Bullish above 16974 (200 Day SMA).
BANKNIFTY SPOT: 35312.15 (2.22%)
TRADING ZONE:
Resistance: 35870 (20 Day SMA)/ 36688 (200 Day SMA)
Support: 34880 (Intraday Support) / 34500 (Key Support)
VIEW: Bullish above 36688 (200 Day SMA)
Technical Snapshot
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