Nifty Weekly Analysis For 12-02-24 to 16-02-24
Updated
Nifty Weekly Analysis For 12-02-24 to 16-02-24
22150-22200 is Major Resistance For Nifty.
21080-21150 is a Major Support for Nifty this week.
If Nifty trades below 21600, more downside possible and Targets are 21500/21400.
Long Only Above 22200 for New ATH.
21100-22200 is the Range for Nifty in the Coming Weeks.
We can see Trending move only If Nifty Breaks on either Side.
Verdict: Sideways Market.
22150-22200 is Major Resistance For Nifty.
21080-21150 is a Major Support for Nifty this week.
If Nifty trades below 21600, more downside possible and Targets are 21500/21400.
Long Only Above 22200 for New ATH.
21100-22200 is the Range for Nifty in the Coming Weeks.
We can see Trending move only If Nifty Breaks on either Side.
Verdict: Sideways Market.
Trade closed: target reached
Sideways Market as expected
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