NIFTY forms Spinning Top candle pattern - GEPL Capital
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/d1e943b92ad05cffab911cc999529848.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Key Highlights
NIFTY forms Spinning Top candle pattern….
NIFTY SPOT: 17196.70 (-1.18%)
DYNAMIC PARAMETER: NIFTY sustained above 100 Day SMA.
TRADING ZONE: Resistance: 17350 (Key Resistance) / 17490 (Day High)
Support: 17168 (100 Day SMA) / 17000 (Key Support)
BROADER MARKET: OUTPERFORMED, MIDCAP 30293 (-0.01%), SMALLCAP 10827 (0.82)
Advance-Decline: 1074 / 924
VIEW: Bearish till below 17600 (Swing High).
BANKNIFTY SPOT: 36197.15 (-0.85%)
DYNAMIC PARAMETER: Index Doji candle pattern on weekly charts.
TRADING ZONE:
Resistance: 36844 (Day High) / 37182 (20 Week SMA)
Support: 36000 (Key Support) / 35713 (200 Day SMA)
VIEW: Bearish till below 37182 (20 Week SMA).
Technical Snapshot
To Read Complete Report & Disclaimer Click Here
To Know More Details Visit GEPL Capital
SEBI Registration number is INH000000081.
Please refer disclaimer at https://geplcapital.com/term-disclaimer
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)