NIFTY forms HAMMER candle pattern on daily charts - GEPL Capital
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Key Highlights:
NIFTY forms HAMMER candle pattern on daily charts
NIFTY SPOT: 17266.75 (0.31%)
TRADING ZONE:
Resistance: 17306 (Day High) / 17442 (50 Day SMA)
Support: 17120 (Hourly Support) / 17000 (Key Support)
BROADER MARKET: UNDERPERFORMED
MIDCAP 29916 (-0.70%), SMALLCAP 10857 (-1.72%)
Advance-Decline: 572 / 1484
VIEW: Bearish till below 17442 (50 Day SMA).
ANKNIFTY SPOT: 38028.45 (0.09%)
TRADING ZONE:
Resistance: 38222 (Day High)/ 38690 (Key Resistance)
Support: 37595 (Hourly Support) / 37319 (Day Low)
VIEW: Bearish below 37677 (20 Week SMA)
Technical Snapshot
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