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NIFTY faces resistance at 20 Day SMA (15911)

NIFTY SPOT: 15799.1 (-0.32%)

TRADING ZONE: Resistance: 15861 (Day High) / 15911 (20 Day SMA)

Support:15689 (Day Low) / 15500 (Key Support)

BROADER MARKET: UNDERPERFORMED MIDCAP 150: 15799.1 (-0.32%),

SMALLCAP 250: 8114.6 (-0.55%) Advance-Decline: 851 /1259

VIEW: Bounce back continue until above 15500 (Key Support).

BANKNIFTY SPOT: 33269.9 (-1.11%)

TRADING ZONE: Resistance33500 (Key Resistance) / 33866 (20 Day SMA)

Support:33000 (Key Support) / 32700 (Key Support)

VIEW:Bullish till above 33000 (Key Support)

Technical Snapshot

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