NIFTY recapture the 200 Day SMA (17185) - GEPL Capital
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Key Highlights:
NIFTY recapture the 200 Day SMA (17185).…
NIFTY SPOT: 17392.6 (1.49%)
TRADING ZONE:
Resistance: 17469 (20 Day SMA) / 17663 (5 Day High)
Support: 17284 (100 Day SMA) / 17185 (200 Day SMA)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 11447.05 (1.03%), SMALLCAP 250: 9744.85 (1.27%)
Advance-Decline: 1477/ 580
VIEW: Bullish till above 17185 (200 Day SMA).
BANKNIFTY SPOT: 36816.1 (1.38%)
TRADING ZONE:
Resistance: 37123 (4 Day High)/ 37408 (Gap Resistance)
Support: 36395 (Day Low) / 36000 (Key Support)
VIEW: Bullish above 36888 (200 Day SMA)
Technical Snapshot
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Quote on market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
