Nifty attempts a recovery - GEPL Capital
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Key Highlights
Nifty attempts a recovery.
NIFTY SPOT: 16770.85 (0.94%)
TRADING ZONE: Resistance: : 16840 (Previous session high) / 16936 (Daily high)
Support: 16688 (Daily low) / 16410 (Previous session low)
BROADER MARKET: UNDERPERFORMED, MIDCAP 29207.75 (1.28%), SMALLCAP 10542 (1.25)
Advance-Decline: 1450/590
VIEW: Bearish till below 17600 (Key resistance level)
BANKNIFTY SPOT: 34607.85 (0.49%)
DYNAMIC PARAMETER: Index formed an inside candle
Resistance: 35050 (Daily high) / 35231 (Previous session high)
Support: 34389.95 (Daily low) / 34018 (Previous session low).
VIEW: Bearish till below 37892 (Swing High).
Technical Snapshot
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