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18/05/2022 9:25:18 AM | Source: GEPL Capital
NIFTY forms Higher Top Higher Bottom formation and closes at three day's high - GEPL Capital
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NIFTY forms Higher Top Higher Bottom formation and closes at three day's high - GEPL Capital

Key Highlights:

NIFTY SPOT: 16259.3 (2.63%)

TRADING ZONE: Resistance: 16404 (Last Week High) / 16651 (Gap Resistance)

Support: 16080 (Hourly Support) / 15900 (Day Low)

BROADER MARKET: Inline

MIDCAP 150: 10551.05 (2.52%),  SMALLCAP 250: 8638.1 (2.87%) 

Advance-Decline: 1791 / 299

 

VIEW: Bearish till below 16651 (Gap Resistance)

BANKNIFTY SPOT: 34301.9 (2.1%)

TRADING ZONE: Resistance: 34793 (Last Week High)/ 35133 (Gap Resistance)

Support: 33680 (Day Low) / 33001 (5 Day Low)

VIEW: Bearish till below 35133 (Gap Resistance)

 

Technical Snapshot

 

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