The Bulls conquer the 17500 mark - GEPL Capital
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Key Highlights
The Bulls conquer the 17500 mark
NIFTY SPOT: 17516.85 (0.27%)
DYNAMIC PARAMETER: NIFTY closed above 20 Day SMA (17476).
TRADING ZONE: Resistance: 17600 (Swing High) / 17805 (Key Resistance)
Support: 17476 (20 Day SMA) / 17379 (Day Low)
BROADER MARKET: OUTPERFORMED, MIDCAP 30955 (0.60%), SMALLCAP 11161 (1.24)
Advance-Decline: 1256 / 753
VIEW: Bullish above 17600 (Swing High).
BANKNIFTY SPOT: 37082.45 (-0.54%)
DYNAMIC PARAMETER: Index closed below 20 Day SMA (37151).
TRADING ZONE:
Resistance: 37151 (20 Day SMA) / 37398 (Day High)
Support: 36820 (Gap Support) / 36500 (Key Support)
VIEW: Bullish above 37892 (Swing High).
Technical Snapshot
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