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NIFTY manages to close above 17500 mark - GEPL Capital
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Key Highlights
NIFTY manages to close above 17500 mark….
NIFTY SPOT: 17503.35 (0.50%)
DYNAMIC PARAMETER: NIFTY respects 20 Week SMA.
TRADING ZONE: Resistance: 17645 (Intraday Resistance) / 17854 (50 Day SMA)
Support: 17350 (Intraday Support) / 17221 (20 Week SMA)
BROADER MARKET: OUTPERFORMED, MIDCAP 30865 (1.76%), SMALLCAP 10938 (1.91)
Advance-Decline: 1522 / 465
VIEW: Bearish till below 17855 (50 Day SMA).
BANKNIFTY SPOT: 37272.80 (0.39%)
DYNAMIC PARAMETER: Index sustains above 100 Day SMA .
TRADING ZONE: Resistance: 37500 (Key Resistance) / 37715 (Intraday Resistance)
Support: 37006 (100 Day SMA) / 36647 (Day Low)
VIEW: Bearish till below 38459 (50 Day SMA).
Technical Snapshot
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