01-01-1970 12:00 AM | Source: GEPL Capital
NIFTY forms Spinning top on daily charts - GEPL Capital
News By Tags | #57 #879

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Key Highlights:

NIFTY forms Spinning top on daily charts

NIFTY SPOT: 16953.95 (-1.27%)

TRADING ZONE:

Resistance: 17054 (Day High) / 17200 (200 Day SMA)

Support: 16824 (Previous Week Low) / 16700 (Multiple touch Points)

BROADER MARKET: UNDERPERFORMED

MIDCAP 150: 11146.25 (-1.81%), SMALLCAP 250: 9526.05 (-2%)

Advance-Decline: 459/ 1650

VIEW: Bullish above 17054 (Day High).

 

BANKNIFTY SPOT: 36082.35 (0.1%)

TRADING ZONE:

Resistance: 36270 (Day High)/ 36578 (Previous Day High)

Support: 35880 (Hourly Low) / 35550 (Key Support)

VIEW: Bearish till below 36895 (200 Day SMA)

 

Technical Snapshot

 

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