02-07-2022 09:23 AM | Source: GEPL Capital
NIFTY sustains above 50 Day SMA (17438) - GEPL Capital
News By Tags | #57 #879

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Key Highlights

NIFTY sustains above 50 Day SMA (17438)

NIFTY SPOT: 17516.30 (-0.25%)

TRADING ZONE:

Resistance: 17618 (Day High) / 17794 (3 Day High)

Support: 17438 (50 Day SMA) / 17350 (Key Support)

BROADER MARKET: UNDERPERFORMED

MIDCAP 30441 (-0.76%), SMALLCAP 11197 (-0.92%)

Advance-Decline: 839 / 1191

VIEW: Bullish till above 17438 (50 Day SMA).

 

BANKNIFTY SPOT: 38789.35 (-0.57%)

TRADING ZONE:

Resistance: 39000 (Key Resistance)/ 39425 (3 Day High)

Support: 38562 (Day Low) / 38196 (20 Day SMA)

VIEW: Bullish till above 38196 (20 Day SMA)

 

Technical Snapshot

 

 

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