NIFTY forms Lower Top Lower Bottom formation on daily charts - GEPL Capital
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Key Highlights
NIFTY forms Lower Top Lower Bottom formation on daily charts
NIFTY SPOT: 18266.60 (-0.83%)
DYNAMIC PARAMETER: NIFTY closed at 3 day low.
TRADING ZONE: Resistance: 18458 (Day High) / 18604 (Life Time High)
Support: 18209 (Day Low) / 18050 (5 Day Low)
BROADER MARKET: UNDERPERFORMED, MIDCAP 31478 (2.15%), SMALLCAP 11202 (-2.43)
Advance-Decline: 449 / 1542
VIEW: Bullish till above 18050 (5 Day Low).
BANKNIFTY SPOT: 39518.20 (-0.06%)
DYNAMIC PARAMETER: Index formed Doji candle pattern.
TRADING ZONE:
Resistance: 39775 (Day High) / 40011 (Life Time High)
Support: 39292 (Day Low) / 39000 (Key Support)
VIEW: Bullish till above 38502 (5 Day Low).
Technical Snapshot
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