NIFTY closes just shade short of 200 Day SMA (16988) - GEPL Capital
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Key Highlights:
NIFTY closes just shade short of 200 Day SMA (16988).…
NIFTY SPOT: 16975.35 (1.87%)
TRADING ZONE:
Resistance: 17027 (Gap Resistance) / 17220 (Swing High)
Support: 16837 (Day Low) / 16713 (20 Day SMA)
BROADER MARKET: MIXED
MIDCAP 150: 10739.8 (1.95%), SMALLCAP 250: 9168.55 (1.11%)
Advance-Decline: 1502 / 546
VIEW: Bearish till below 17027 (Gap Resistance).
BANKNIFTY SPOT: 35748.25 (2.07%)
TRADING ZONE:
Resistance: 36270 (Key Resistance)/ 36691 (200 Day SMA)
Support: 35461 (Day Low) / 35000 (Key Support)
VIEW: Bearish till below 36691 (200 Day SMA)
Technical Snapshot
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