NIFTY sustains above 17300 mark on the pre budget session - GEPL Capital
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Key Highlights:
NIFTY sustains above 17300 mark on the pre budget session….
NIFTY SPOT: 17339.85 (+1.39%)
TRADING ZONE: Resistance: 17427 (50 Day SMA) / 17638 (100 Day SMA)
Support: 17264 (Day Low) / 17000 (Key Support)
BROADER MARKET: Inline MIDCAP 30273 (+1.57%), SMALLCAP 11116 (+1.13%)
Advance-Decline: 1160 / 927
VIEW: Bearish till below 17771 (20 Day SMA).
BANKNIFTY SPOT: 37975.35 (+0.76%)
TRADING ZONE: Resistance: 38421 (3 Day High)/ 38855 (5 Week High)
Support: 37581 (2 Day Low) / 37000 (Key Support)
VIEW: Bullish above 38855 (5 Week High)
Technical Snapshot
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