01-01-1970 12:00 AM | Source: GEPL Capital
NIFTY faces strong resistance at 16400 mark for the 3rd time - GEPL Capital
News By Tags | #57 #879

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NIFTY faces strong resistance at 16400 mark for the 3rd time

NIFTY SPOT: 16214.7 (-0.32%)

Resistance: 16404 (2 Week High) / 16651 (Gap Resistance)

Support: 16000 (Gap Support) / 15800 (Key Support)

BROADER MARKET: UNDERPERFORMED

MIDCAP 150: 10418.75 (-0.4%), SMALLCAP 250: 8594.1 (-0.7%)

Advance-Decline: 792 / 1297

VIEW: Bearish till below 16651 (Gap Resistance)

 

BANKNIFTY SPOT: 34247.6 (-0.08%)

TRADING ZONE:

Resistance: 34820 (Day High)/ 35133 (Gap Resistance)

Support: 33940 (Hourly Support) / 33007 (Swing Low)

VIEW: Bearish till below 35133 (Gap Resistance)

Technical Snapshot

 

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