The Nifty forms Bearish Engulfing candle pattern - GEPL Capital
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Key Highlights:
The NIFTY forms Bearish Engulfing candle pattern….
NIFTY SPOT: 18199.1 (-1.01%)
TRADING ZONE:
Resistance: 18300 (Key Resistance) / 18440 (Key Resistance)
Support: 18130 (Key Resistance) / 17959 (Key Support).
BROADER MARKET: INLINE
MIDCAP 150: 11908.15 (-1.57%), SMALLCAP 250: 9540 (-2.07%)
VIEW: Bearish till below 18548 (20 Day SMA).
BANKNIFTY SPOT: 42617.95 (-1.71%)
TRADING ZONE:
Resistance: 42960 (Key Resistance) / 43220 (Key Resistance)
Support: 42500 (Key Support) / 42370 (Key Resistance)
VIEW: Bearish till below 42960 (Key Resistance)
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