NIFTY manages to sustain above 20 Day SMA for the 2nd consecutive day - GEPL Capital
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Key Highlights
NIFTY manages to sustain above 20 Day SMA for the 2nd consecutive day….
NIFTY SPOT: 17618.25 (-0.53%)
DYNAMIC PARAMETER: NIFTY formed Doji candle pattern.
TRADING ZONE: Resistance: 17781 (2 Day High) / 17947 (Life Time High)
Support: 17530 (20 Day SMA) / 17326 (Swing Low)
BROADER MARKET: OUTPERFORMED, MIDCAP 30384 (0.36%), SMALLCAP 10890 (0.75%)
Advance-Decline: 1026 / 934
VIEW: Bullish till above 17530 (20 Day SMA).
BANKNIFTY SPOT: 37425.10 (-0.84%)
DYNAMIC PARAMETER: Index formed Doji candle pattern
TRADING ZONE:
Resistance: 37923 (2 Day High) / 38377 (Life Time High)
Support: 37186 (20 Day SMA) / 36525 (Swing Low)
VIEW: Bullish till above 37144 (20 Day SMA).
Technical Snapshot
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