Nifty ended the week near the 17000 mark - GEPL Capital
Key Highlights
Nifty ended the week near the 17000 mark
NIFTY SPOT: 17003.75 (-0.40%)
TRADING ZONE: Resistance: 17155 (Daily high) / 17200 (Multiple touch point level)
Support: 16936 (21st December 2021 high ) / 16800 (Key support level)
BROADER MARKET: UNDERPERFORMED, MIDCAP 29612.85 (- 1.05%), SMALLCAP 10849.40 (-0.52%)
Advance-Decline: 749/1281
VIEW: Bearish till below 17600 (Key resistance level).
BANKNIFTY SPOT: 34857 (-0.95%)
Resistance: 35327 (Daily high)/ 35477 (Previous session high)
Support: 34583 (Daily low) / 34360 (Multiple touch point level)
VIEW: Bearish till below 35700 (200 Day SMA)
Technical Snapshot
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