NIFTY forms Engulfing Bearish candle pattern on the daily charts - GEPL Capital
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Key Highlights:
NIFTY forms Engulfing Bearish candle pattern on the daily charts.…
NIFTY SPOT: 17117.6 (-0.98%)
TRADING ZONE:
Resistance: 17245 (50 Day SMA) / 17370 (100 Day SMA)
Support: 17005 (200 Day SMA) / 16837 (3 Day Low)
BROADER MARKET: OUTPERFORMED
MIDCAP 150: 10857 (-0.12%), SMALLCAP 250: 9301.5 (0.26%)
Advance-Decline: 877 / 1217
VIEW: Bullish till above 17005 (200 Day SMA).
BANKNIFTY SPOT: 36018.5 (-1.13%)
TRADING ZONE:
Resistance: 36699 (200 Day SMA)/ 37152 (100 Day SMA)
Support: 35806 (Gap Support) / 35501 (20 Day SMA)
VIEW: Bullish above 36699 (200 Day SMA)
Technical Snapshot
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