Nifty reacts positively to RBI Monetary policy - GEPL Capital
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Key Highlights:
Nifty reacts positively to RBI Monetary policy.…
NIFTY SPOT: 17094.35 (1.64%)
Resistance:: 17196 (Weekly High) / 17291 (Gap Resistance)
Support:16747.7 (Weekly Low) / 16653 (Gap Support).
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 11654.45 (1.44%), SMALLCAP 250: 9198.75 (1.53%)
VIEW: Bearish till below 17196 (Week High)
BANKNIFTY SPOT: 38631.95 (2.61%)
TRADING ZONE:
Resistance: 39229.40 (Weekly High) / 39550 (Key Resistance)
Support: 37500 (Key Support) / 37250 (Swing Low)
VIEW: Bearish till below 39229.40 (Weekly High)
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