In this episode
Our analyst and expert gives you a Market Wrap for the day. This is an easy listen and a good catch up in 2minutes to know All About The Markets.
Technical data points
➢ NIFTY SPOT: 17304.60 (-0.10%)
➢ TRADING ZONE:
Resistance: 17375 (20 Day SMA) / 17640 (Multiple touch Points)
Support: 17235 (Day Low) / 17100 (Multiple Touch Points)
➢ STRATEGY: Bearish below 17235 (Today’s low)
➢ BANK NIFTY SPOT: 37531.65 (-1.11%)
➢ TRADING ZONE:
Resistance: 38100 (20 Day SMA) / 38460 (Previous Day High)
Support: 37300 (Multiple touch point level) / 36650 (Swing Low).
➢ STRATEGY: Bearish till below 38100 (20 Day SMA)