NIFTY sustains above 20 Week SMA (17640) - GEPL Capital
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Key Highlights:
NIFTY sustains above 20 Week SMA (17640)….
NIFTY SPOT: 17780 (+1.16%)
TRADING ZONE: Resistance: 17870 (Hourly Resistance) / 18000 (Key Resistance) Support: 17622 (Gap Support) / 17435 (50 Day SMA)
BROADER MARKET: Inline
MIDCAP 30971 (+1.18%), SMALLCAP 11340 (+1.44%)
Advance-Decline: 1560 / 577
VIEW: Bullish till above 17435 (50 Day SMA).
BANKNIFTY SPOT: 39330.50 (+2.14%)
TRADING ZONE:
Resistance: 39735 (Hourly Resistance)/ 40000 (Key Resistance)
Support: 38855 (Breakout Level) / 38300 (Key Support)
VIEW: Bullish till above 38855 (Breakout Level)
Technical Snapshot
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