Nifty faces strong resistance at higher levels of 16750 -16793 - GEPL Capital
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Nifty faces strong resistance at higher levels of 16750 -16793…
NIFTY SPOT: 16631 (-0.53%)
TRADING ZONE: 16752 (3 Day High) / 16793 (Swing High)
Support:16483 (Key Support) / 16359 (Gap Support)
BROADER MARKET: OUTPERFORMED MIDCAP 150: 10983.7 (-0.07%), SMALLCAP 250: 8691.85 (-0.41%)
VIEW:Bullish only above 16793 (Swing High).
BANKNIFTY SPOT: 36726.4 (-0.03%)
TRADING ZONE: Resistance37008 (Day High) / 37408 (Gap Resistance)
Support:36425 (200 Day SMA) / 36000 (Key Support)
VIEW:Bullish till above 36425 (200 Day SMA)
Technical Snapshot
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