NIFTY forms Bullish reversal pattern on the daily chart - GEPL Capital
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NIFTY forms Bullish reversal pattern on the daily charts
NIFTY SPOT: 15850.2 (0.11%)
TRADING ZONE: Resistance: 15947 (20 Day SMA) / 16172 (Gap Resistance)
Support:15710 (Gap Support) / 15500 (Key Support)
BROADER MARKET: OUTPERFORMED MIDCAP 150: 10123.15 (0.39%),
SMALLCAP 250: 8159.2 (-0.08%) Advance-Decline: 1112 / 943
VIEW: Bounce back will continue until above 15500 (Key Support)
BANKNIFTY SPOT: 33642.45 (-0.5%)
TRADING ZONE: Resistance33984 (20 Day SMA) / 34346 (Gap Resistance)
Support:33390 (3 Day Low) / 33000 (Key Support)
VIEW:Bullish till above 33000 (Key Support)
Technical Snapshot
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