In this episode for 24th Feb.2022

Our analyst and expert gives you a market wrap for the day.

This is an easy listen and a good catch up in 2 minutes to know All About The Markets.

Technical data points

➢ NIFTY SPOT: 16247.95 (-4.78%)

➢ TRADING ZONE:

Resistance: 16410 (Key Resistance) / 16700 (Day High)

Support: 16160 (Multiple Touch Points) / 15900 (Multiple Touch Points)

➢ STRATEGY: Bearish till below 16895 (200 Day SMA)

➢ BANK NIFTY SPOT: 35228.10 (-5.79%)

➢ TRADING ZONE:

Resistance: 35850 (Multiple Touch Points) / 36635 (200 Day SMA)

Support: 35005 (Day Low) / 34350 (Multiple Touch Points).

➢ STRATEGY: Bearish till below 36635 (200 Day SMA)

➢ NIFTY SPOT: 16247.95 (-4.78%)

➢ TRADING ZONE:

Resistance: 16410 (Key Resistance) / 16700 (Day High)

Support: 16160 (Multiple Touch Points) / 15900 (Multiple Touch Points)

➢ STRATEGY: Bearish till below 16895 (200 Day SMA)

➢ BANK NIFTY SPOT: 35228.10 (-5.79%)

➢ TRADING ZONE:

Resistance: 35850 (Multiple Touch Points) / 36635 (200 Day SMA)

Support: 35005 (Day Low) / 34350 (Multiple Touch Points).

➢ STRATEGY: Bearish till below 36635 (200 Day SMA)

Nifty on the Verge of Breaking Key Resistance of 17255 levels amidst Bullish Market Sentiments. 31st-Mar-23