Stock Markets Recap Week Of 31st December 2021
31Dec, 2021
Hitesh Chotalia - Head of Education
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Summary:
• Nifty has closed above the 20-day moving average
• Nifty has strong resistance around 50 DMA at 17507
• Bank Nifty: Resistance from the 200-day moving average is around 35732 levels
• Further momentum in bank nifty can be expected only above the 200 DMA level
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