Once again the NIFTY manages to sustain above 17000 mark - GEPL Capital
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Key Highlights:
Once again the NIFTY manages to sustain above 17000 mark….
NIFTY SPOT: 17069.1 (-0.2%)
TRADING ZONE:
Resistance: 17233 (200 Day SMA) / 17402 (20 Day SMA)
Support: 16960 (Recent low) / 16824 (3 week Low)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 11144.9 (-0.51%), SMALLCAP 250: 9397.75 (-1.01%)
Advance-Decline: 678/ 1407
VIEW: Rangebound between 16800-17450
BANKNIFTY SPOT: 36163.75 (0.21%)
TRADING ZONE:
Resistance: 36719 (3 Day High)/ 36922 (200 Day SMA)
Support: 35511 (3 Week Low) / 35000 (Key Support)
VIEW: Bearish till below 36922 (200 Day SMA)
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