Nifty Bearish till below 18528 20 Day SMA - GEPL Capital
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Key Highlights:
The NIFTY closes @ three week low….
NIFTY SPOT: 18269 (-0.79%)
TRADING ZONE:
Resistance: :18528 (20 Day SMA) / 18670 (Key Resistance)
Support: 18133 (Swing Low) / 17959 (Previous Month Low).
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 12061.25 (-1.44%), SMALLCAP 250: 9732.3 (-0.79%)
VIEW: Bearish till below 18528 (20 Day SMA).
BANKNIFTY SPOT: 43219.5 (-0.64%)
TRADING ZONE:
Resistance: 43700 (Key Resistance) / 44000 (Key Resistance)
Support:42948 (2 Week Low) / 42500 (Key Support)
VIEW: Bearish below 42948 (2 Week Low)
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