NIFTY forms an Inside Week candle on the weekly charts - GEPL Capital
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Key Highlights
NIFTY forms an Inside Week candle on the weekly charts
NIFTY SPOT: 17532.05 (-0.49%)
DYNAMIC PARAMETER: NIFTY closed below 20 Day SMA.
TRADING ZONE: Resistance: 17610 (Intraday Resistance) / 17782 (Life Time High)
Support: 17452 (Day Low) / 17326 (Swing Low)
BROADER MARKET: OUTPERFORMED, MIDCAP 30396 (0.04%), SMALLCAP 10904 (0.13%)
Advance-Decline: 1036 / 911
VIEW: Bearish below 17326 (Swing Low).
BANKNIFTY SPOT: 37225.90 (-0.53%)
DYNAMIC PARAMETER: Index formed Hammer candle pattern
TRADING ZONE:
Resistance: 37923 (3 Day High) / 38377 (Life Time High)
Support: 36876 (Day Low) / 36525 (Swing Low)
VIEW: Bearish below 36525 (Swing Low).
Technical Snapshot
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