NIFTY closes at 3 week's high, it shows initial bullish undertone for the short to medium term - GEPL Capital
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Key Highlights:
NIFTY closes at 3 week's high, it shows initial bullish undertone for the short to medium term.…
NIFTY SPOT: 17287.05 (1.84%)
TRADING ZONE:
Resistance: 17380 (100 Day SMA) / 17490 (Swing High)
Support: 17175 (Day Low) / 16997 (200 Day SMA)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 10870.5 (1.22%), SMALLCAP 250: 9276.95 (1.18%)
Advance-Decline: 1366 /706
VIEW: Bullishish till above 16997 (200 Day SMA).
BANKNIFTY SPOT: 36428.55 (1.9%)
TRADING ZONE:
Resistance: 36695 (200 Day SMA)/ 37204 (100 Day SMA)
Support: 36260 (Day Low) / 35806 (Gap Support)
VIEW: Bullish above 36695 (200 Day SMA)
Technical Snapshot
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