12-06-2021 10:07 AM | Source: GEPL Capital
NIFTY forms Spinning Top candle pattern - GEPL Capital
News By Tags | #57 #879

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