Nifty sustains above 50 Day SMA - GEPL Capital
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Key Highlights
Nifty sustains above 50 Day SMA….
NIFTY SPOT: 17625.70 (1.57%)
TRADING ZONE: Resistance: 17670 (Key Resistance) / 17805 (Key Resistance)
Support: 17505 (50 Day SMA) / 17439 (100 Day SMA)
BROADER MARKET: UNDERPERFORMED, MIDCAP 30788 (1.13%), SMALLCAP 11418 (1.15%)
Advance-Decline: 1571/516
VIEW: Bullish above 17439 (100 Day SMA).
BANKNIFTY SPOT: 36421.90 (2.65%)
Resistance: 36550 (Key Resistance)/ 37159 (Swing High)
Support: 36100 (Intraday Support) / 35706 (200 Day SMA)
VIEW: Bullish above 35706 (200 Day SMA)
Technical Snapshot
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