NIFTY continues to maintain Lower Top Lower Bottom formation on the daily charts - GEPL Capital
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Key Highlights:
NIFTY SPOT: 16301.85 (-0.67%)
TRADING ZONE: Resistance: 16404 (Day High) / 16651 (Gap Resistance) Support: 16142 (Day Low) / 16000 (Key Support)
BROADER MARKET:UNDERPERFORMED MIDCAP 150: 10546.3 (-1.72%), SMALLCAP 250: 8748.95 (-1.91%) Advance-Decline: 511/ 1590
VIEW: Bearish till below 17247 (200 Day SMA)
BANKNIFTY SPOT: 34275.4 (-0.91%)
TRADING ZONE: Resistance: 34554 (Day High)/ 35133 (Gap Resistance) Support: 33927 (Day Low) / 33500 (Key Support)
VIEW: Bearish till below 36907 (200 Day SMA)
Technical Snapshot
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