The Nifty enters in a Positive Trend by sustaining above 16793 levels - GEPL Capital
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Key Highlights:
The Nifty enters in a Positive Trend by sustaining above 16793 levels.
NIFTY SPOT: 16929.6 (1.73%)
TRADING ZONE: Resistance:17132 (May 2022 High) / 17415 (Key Resistance)
Support:16793 (Key Support) / 16653 (Gap Support)
BROADER MARKET: UNDERPERFORMED MIDCAP 150: 11040.55 (0.74%), SMALLCAP 250: 8667.5 (0.7694)
VIEW: Bullish till above 16653 (Gap Support).
BANKNIFTY SPOT: 37378.15 (1.6275)
TRADING ZONE: Resistance37550 (Key Resistance) / 37975 (Multiple Touch Point
Support:37041 (Day Low) / 36808 (Gap Support)
VIEW: Bullish till above 36248 (Swing Low)
Technical Snapshot
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