NIFTY manages to sustain above 16000 mark - GEPL Capital
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NIFTY manages to sustain above 16000 mark….
NIFTY SPOT: 16025.8 (-0.62%)
TRADING ZONE:
Resistance: 16263 (2 Day High) / 16415 (Swing High)
Support: 15984 (Gap Support) / 15800 (Key Support)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150:10118.65 (-2.28%), SMALLCAP 250: 8233.7 (-3%)
Advance-Decline: 322 / 1758
VIEW: Bearish till below 16651 (Gap Resistance)
BANKNIFTY SPOT: 34339.5 (0.14%)
TRADING ZONE:
Resistance: 34621 (20 Day SMA)/ 34820 (Swing High)
Support: 34115 (3 Day Low) / 33630 (Gap Support)
VIEW: Bearish till below 35133 (Gap Resistance)
Technical Snapshot
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