NIFTY closes just shade short of 20 Day SMA (17610) - GEPL Capital
Key Highlights:
NIFTY closes just shade short of 20 Day SMA (17610)….
NIFTY SPOT: 17605.85 (0.81%)
TRADING ZONE:
Resistance: 17643 (100 Day SMA) / 17794 (Swing High)
Support: 17427 (Day Low) / 17306 (Gap Support)
BROADER MARKET: UNDERPERFORMED
MIDCAP 30343 (0.29%), SMALLCAP 10952 (0.47%)
Advance-Decline: 1001 / 1027
VIEW: Bullish above 17643 (100 Day SMA).
BANKNIFTY SPOT: 39010.95 (1.04%)
TRADING ZONE:
Resistance: 39425 (Swing High)/ 40000 (Key Resistance)
Support: 38520 (Day Low) / 38215 (20 Day SMA)
VIEW: Bullish till above 38215 (20 Day SMA)
Technical Snapshot
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