02-11-2022 09:26 AM | Source: GEPL Capital
NIFTY closes just shade short of 20 Day SMA (17610) - GEPL Capital
News By Tags | #57 #879

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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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