01-01-1970 12:00 AM | Source: GEPL Capital
NIFTY maintained Lower Top Lower Bottom pattern - GEPL Capital
News By Tags | #57 #879

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Key Highlights

NIFTY closes at 2 month’s low….

NIFTY SPOT: 17416.55 (-1.96%)

DYNAMIC PARAMETER: NIFTY maintained Lower Top Lower Bottom pattern.

TRADING ZONE: Resistance: 17510 (Intraday Resistance) / 17645 (Intraday Resistance)

Support: 17280 (Day Low) / 17217 (20 Week SMA)

BROADER MARKET: UNDERPERFORMED, MIDCAP 30331 (-3.01%), SMALLCAP 10734 (-2.74)

Advance-Decline: 346 / 1698

VIEW: Bearish till below 17851 (50 Day SMA).

 

BANKNIFTY SPOT: 37128.80 (-2.23%)

DYNAMIC PARAMETER: Index closed below 20 Week SMA .

TRADING ZONE: Resistance: 37215 (20 Week SMA) / 37715 (Intraday Resistance)

Support: 37000 (Key Support) / 36655 (Day Low)

VIEW: Bearish till below 38449 (50 Day SMA).

 

Technical Snapshot

 


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