The Nifty shows Positive Divergence - GEPLCapital
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Key Highlights:
The Nifty shows Positive Divergence……..
NIFTY SPOT: 17854.05 (1.38%)
Resistance: 17896 (20 Days SMA) / 18000 (Key Resistance).
Support: 17584 (Day Low) / 17400 (Key Support).
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 11504.7 (-0.12%), SMALLCAP 250: 9161.55 (-0.37%)
VIEW: Bullish till above 17400 (key Support)
BANKNIFTY SPOT: 41499.7 (2.04%)
TRADING ZONE:
Resistance: 41824 (20 Days SMA) / 42100 (Key Resistance)
Support: : 41000 (Psychological Support) / 39500 (Key Support)
VIEW: Bullish till above 39500 (Key Support)
Technical Snapshot
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