IGI Logo

Key Highlights

The NIFTY ends the week below the 17000 mark

NIFTY SPOT: 16985.20 (-1.53%)

TRADING ZONE: Resistance: 17180 (Previous session low) / 17298 (Daily high)

Support: 16891 (6th December 2021 low) / 16782 (Previous session low)

BROADER MARKET: UNDERPERFORMED, MIDCAP 39939.30 (— 2.40%), SMALLCAP 10849.55 (-2.48) Advance-Decline: 435/ 1605

VIEW: Bearish till below 17600 (Key resistance level).

BANKNIFTY SPOT: 35618.65 (-2.54%)

DYNAMIC PARAMETER: Index formed a strong bearish candle.

TRADING ZONE:

Resistance: 36000 (Key resistance level) / 36550 (Daily High)

Support: 35327 (Daily Low) / 34798 (Multiple touch point level)

VIEW: Bearish till below 37892 (Swing High).

Technical Snapshot

To Read Complete Report & Disclaimer Click Here

To Know More Details Visit GEPL Capital

SEBI Registration number is INH000000081.

Please refer disclaimer at https://geplcapital.com/term-disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer