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Description

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)