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Key Highlights:

Global Market Woes Result in Nifty's Downward Spiral…

NIFTY SPOT: 16988.4 (-0.65%)

TRADING ZONE:

Resistance: 17145 (2 Days High) / 17300 (Key Resistance)

Support: 16828 (Day Low) / 16700 (Key Support).

BROADER MARKET: UNDERPERFORMED

MIDCAP 150: 11245.6 (-0.96%), SMALLCAP 250: 8779.8 (-0.86%)

VIEW: Bearish till below 17145 (2 Days High)

BANKNIFTY SPOT: 39361.95 (-0.6%)

TRADING ZONE:

Resistance: 39704 (2 Day High) / 40100 (Key Resistance)

Support: 38926 (2 Day Low) / 38613 (Key Support)

VIEW: Bearish till below 40100 (Key Resistance)

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