IGI Logo

Key Highlights

NIFTY closes above 20 Day SMA….

NIFTY SPOT: 18102.75 (1.28%)

DYNAMIC PARAMETER: NIFTY formed Higher Top Higher Bottom pattern.

TRADING ZONE: Resistance: 18190 (Key Resistance) / 18342 (3 Week High)

Support: 18079 (20 Day SMA) / 17905 (Day Low)

BROADER MARKET: UNDERPERFORED, MIDCAP 31925 (0.45%), SMALLCAP 1177 (0.29)

Advance-Decline: 943 / 1030

VIEW: Bullish till above 18079 (20 Day SMA).

BANKNIFTY SPOT: 38733.35 (0.45%)

DYNAMIC PARAMETER: Index formed Hammer candle pattern .

TRADING ZONE:

Resistance: 38930 (2 Day High) / 39223 (Gap Resistance)

Support: 38467 (Day Low) / 38310 (50 Day SMA)

VIEW: Bearish till below 39708 (20 Day SMA).

Technical Snapshot

To Read Complete Report & Disclaimer Click Here

To Know More Details Visit GEPL Capital

SEBI Registration number is INH000000081.

Please refer disclaimer at https://geplcapital.com/term-disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer