Nifty forms Higher Top Higher Bottom pattern on weekly charts - GEPL Capital
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Key Highlights
Nifty forms Higher Top Higher Bottom pattern on weekly charts….
NIFTY SPOT: 17354.05 (0.87%)
TRADING ZONE: Resistance: 17425 (100 Daily SMA) / 17516 (50 Day SMA)
Support: 17238 (Day Low) / 17146 (3 Day Low)
BROADER MARKET: OUTPERFORMED, MIDCAP 30443 (1.40%), SMALLCAP 11289 (1.41%)
Advance-Decline: 1471/578
VIEW: Bullish above 17425 (100 Day SMA).
BANKNIFTY SPOT: 35481.70 (1.19%)
Resistance: 35701 (200 Day SMA)/ 35828 (20 Day SMA)
Support: 35113 (Daily low) / 34751 (3 Day Low)
VIEW: Bullish above 35701 (200 Day SMA)
Technical Snapshot
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