Nifty Bearish till below 18050 - GEPLCapital
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Key Highlights:
The NIFTY forms Doji candle on Weekly charts…….
NIFTY SPOT: 17956.6 (0.55%)
TRADING ZONE:
Resistance:18050 (Multiple touch point) / 18200 (Key Resistance
Support: 17761 (Prior Day Low) / 17650 (Key Support).
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 11830.4 (-0.05%), SMALLCAP 250: 9436.25 (0.29%)
VIEW: Bearish till below 18050 (Multiple touch point)
BANKNIFTY SPOT: 42371.25 (0.69%)
TRADING ZONE:
Resistance: 42716 (5 Day high) / 43000 (Key Resistance)
Support: : 42000 (Psychological Support) / 41800 (Key Support)
VIEW: Bearish till below 42716 (5 Day high)
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