NIFTY closes above 50 Day SMA (17455) - GEPL Capital
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Key Highlights:
NIFTY closes above 50 Day SMA (17455)….
NIFTY SPOT: 17463.80 (1.14%)
TRADING ZONE:
Resistance: 17536 (3 Day High) / 17640 (20 Day SMA)
Support: 17306 (GAP Support) / 17180 (Hourly Support)
BROADER MARKET: UNDERPERFORMED
MIDCAP 30257 (1.14%), SMALLCAP 10902 (0.41%)
Advance-Decline: 1145 / 903
VIEW: Bullish above 17640 (20 Day SMA).
BANKNIFTY SPOT: 38610.25 (1.53%)
TRADING ZONE:
Resistance: 38837 (3 Day High)/ 39425 (Previous Week High)
Support: 38192 (Day Low) / 37738 (100 Day SMA)
VIEW: Bullish till above 38201 (20 Day SMA)
Technical Snapshot
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