NIFTY respects important support level of 17000 marks - GEPL Capital
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Key Highlights:
NIFTY respects important support level of 17000 marks.…
NIFTY SPOT: 17222 (0.4%)
TRADING ZONE:
Resistance: 17333 (100 Day SMA) / 17490 (Swing High)
Support: 17000 (Key Support) / 16800 (Multiple Touch Points)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 10926 (-0.16%), SMALLCAP 250: 9256.45 (-0.59%)
Advance-Decline: 658 / 1449
VIEW: Bullish till above 17000 (Key Support).
BANKNIFTY SPOT: 35710.5 (0.85%)
TRADING ZONE:
Resistance: 35958 (3 Day High)/ 36710 (200 Day SMA)
Support: 35480 (Intraday Support) / 35000 (Key Support)
VIEW: Bullish above 36710 (200 Day SMA)
Technical Snapshot
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