Nifty continues its attempt to break the 17000 - GEPL Capital
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Key Highlights
Nifty continues its attempt to break the 17000 “GLASS ROOF” .
NIFTY SPOT: 16955.45 (1.10%)
TRADING ZONE: Resistance: 17000 (Key resistance levels) / 17200 (Multiple touch point level)
Support: 16819 (Daily low) / 16688 (Previous session low)
BROADER MARKET: OUTPERFORMED, MIDCAP 29659.10 (1.55%), SMALLCAP 10768.90 (2.15%)
Advance-Decline: 2077/487
VIEW: Bearish till below 17600 (Key resistance level).
BANKNIFTY SPOT: 35029.50 (1.22%)
DYNAMIC PARAMETER: Index moving in a 3 day range
Resistance: 35231 (3 Day high)/ 35535 (Gap resistance)
Support: 34687 (Daily low) / 34389 (Previous session low).
VIEW: Bearish till below 37892 (Swing High).
Technical Snapshot
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