Nifty breaches above the 17200 mark - GEPL Capital
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Key Highlights
Nifty breaches above the 17200 mark
NIFTY SPOT: 17233.25 (0.86%).
TRADING ZONE: Resistance: 17300 (Multiple touch point level) / 17400 (Multiple touch point level)
Support: 17161 (20 Day SMA ) / 17000 (Psychological level)
BROADER MARKET: OUTPERFORMED, MIDCAP 30094.85 (1.18%), SMALLCAP 11040.25 (1.55%)
Advance-Decline: 1570/456
VIEW: Bullish only above 17600 (Key resistance level).
BANKNIFTY SPOT: 35183 (0.36%)
Resistance: 35352 (Daily high)/ 35700 (200 Day SMA)
Support: 35037 (Daily low) / 34800 (Multiple touch point level)
VIEW: Bearish till below 35760 (200 Day SMA)
Technical Snapshot
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