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The Bulls have strong control over the market

NIFTY SPOT: 16340.55 (0.38%)

TRADING ZONE: Resistance: 16561 (20 Week SMA) / 16794 (Swing High)

Support:16142 (2 Day Low) / 16066 (Gap Support)

BROADER MARKET: OUTPERFORMED MIDCAP 150: 10817.1 (0.74%), SMALLCAP 250: 8583.3 (0.84%)

Advance-Decline: 914/1295

VIEW:Bullish till above 16066 (Gap Support).

BANKNIFTY SPOT: 35720.35 (1.02%)

TRADING ZONE: Resistance 35958 (June 2022 High) / 36309 (Swing High)

Support:35460 (Intraday Support) / 35000 (Key Support)

VIEW:Bullish till above 35000 (Key Support)

Technical Snapshot

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