NIFTY forms Lower Top Lower Bottom formation on the daily charts - GEPL Capital
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Key Highlights:
NIFTY forms Lower Top Lower Bottom formation on the daily charts….
NIFTY SPOT: 17938.40 (-0.96%)
TRADING ZONE: Resistance: 18129 (Day High) / 18350 (5 Day High)
Support: 17884 (Day Low) / 17711 (20 Day SMA)
BROADER MARKET: OUTPERFORMED, MIDCAP 31363 (-0.06%),
SMALLCAP 11688 (0.01%) Advance-Decline: 930 / 1109
VIEW: Bullish till above 17711 (20 Day SMA).
BANKNIFTY SPOT: 38041.35 (-0.44%)
Resistance: 38330 (Day High)/ 38855 (Swing High)
Support: 37769 (Day Low) / 37525 (100 Day SMA)
VIEW: Bullish above 37525 (100 Day SMA)
Technical Snapshot
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