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NIFTY forms DOJI candle pattern on the daily charts, however it has sustained above 17200 mark - GEPL Capital
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Key Highlights:
NIFTY forms DOJI candle pattern on the daily charts, however it has sustained above 17200 mark….
NIFTY SPOT: 17206.65 (-0.40%)
TRADING ZONE:
Resistance: 17351 (Day High) / 17490 (Swing High)
Support: 17000 (Key Support) / 16809 (Swing Low)
BROADER MARKET: UNDERPERFORMED
MIDCAP 28575 (-1.24%), SMALLCAP 10048 (-2.73%)
Advance-Decline: 322 / 1787
VIEW: Bearish till below 17490 (Swing High).
BANKNIFTY SPOT: 37685.60 (+0.23%)
TRADING ZONE:
Resistance: 38097 (20 Day SMA)/ 38461 (Swing High)
Support: 37262 (50 Day SMA) / 37000 (Key Support)
VIEW: Bearish till below 38461 (Swing High)
Technical Snapshot
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