Volatility ahead as Nifty ends lower by 142 points - GEPL Capital
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Key Highlights:
Volatility ahead as Nifty ends lower by 142 points
NIFTY SPOT: 17102.55 (-0.83%)
TRADING ZONE:
Resistance: 17225 (200 Day SMA) / 17377 (Day High)
Support: 16960 (Recent low) / 16824 (Previous week Low)
BROADER MARKET: UNDERPERFORMED
MIDCAP 150: 11201.95 (-0.69%), SMALLCAP 250: 9493.3 (-1.05%)
Advance-Decline: 705/ 1354
VIEW: Rangebound between 16800-17450
BANKNIFTY SPOT: 36088.15 (-0.92%)
TRADING ZONE:
Resistance: 36430 (Hourly High)/ 36650 (Key Support)
Support: 35900 (Key Support) / 35550 (Multiple Touch Points)
VIEW: Bearish till below 36917 (200 Day SMA)
Technical Snapshot
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