Nifty manages to sustain above its 20 Day SMA (17838) - GEPL Capital
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Nifty manages to sustain above its 20 Day SMA (17838)……
NIFTY SPOT: 17844.6 (-0.56%)
TRADING ZONE:
Resistance: 18003 (Day High) / 18134 (Swing High)
Support: 17770 (Key Support) / 17652 (Swing Low).
BROADER MARKET: INLINE
MIDCAP 150: 11606.15 (0%),
SMALLCAP 250: 9133.15 (-0.32%)
VIEW: Bearish below 17652 (Swing Low)
BANKNIFTY SPOT: 40701.7 (-1.05%)
TRADING ZONE:
Resistance: 41000 (Key Resistance) / 41345 (20 Day SMA)
Support: 40500 ( Key Support) / 40000 (Key Support)
VIEW: Bearish below 40500 (Key Support)
Technical Snapshot
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