NIFTY forms Engulfing Bullish candle on the weekly charts - GEPL Capital
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Key Highlights:
NIFTY forms Engulfing Bullish candle on the weekly charts.…
NIFTY SPOT: 16630.45 (0.21%)
TRADING ZONE:
Resistance: 16757 (2 Day High) / 16815 (Swing High)
Support: 16447 (2 Day Low) / 16345 (Key Support)
BROADER MARKET: OUTPERFORMED
MIDCAP 150: 10604.65 (0.54%), SMALLCAP 250: 9105.9 (0.89%)
Advance-Decline: 1269 / 782
BANKNIFTY SPOT: 34546.25 (0.2%)
TRADING ZONE:
Resistance: 34900 (Hourly Resistance)/ 35374 (2 Day High)
Support: 33960 (Gap Support) / 33540 (Key Support)
VIEW: Bearish till below 36686 (200 Day SMA)
Technical Snapshot
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