Nifty starts the week on a positive note - GEPL Capital
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Key Highlights
Nifty starts the week on a positive note
NIFTY SPOT: 17086.25 (0.49%)
TRADING ZONE: Resistance: 17157 (200 Day SMA) / 17200 (Multiple touch point level)
Support: 17000 (Psychological level ) / 16833 (Daily low)
BROADER MARKET: UNDERPERFORMED, MIDCAP 29743.15 (0.44%), SMALLCAP 10871.60 (0.20%)
Advance-Decline: 1176/880
VIEW: Bearish till below 17600 (Key resistance level).
BANKNIFTY SPOT: 35057.90 (0.58%)
Resistance: 35327 (Previous session high)/ 35700 (200 Day SMA)
Support: 34500 (Multiple touch point level) / 34233 (Daily low)
VIEW: Bearish till below 35760 (200 Day SMA)
Technical Snapshot
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