Nifty 50 IndexShort
Nifty Weekly Analysis for 23-01-23 to 27-01-23.
Updated
Nifty Weekly Analysis for 23-01-23 to 27-01-23.
Nifty is in 500pts range between 17774-18265 for the past 4 weeks.
We may see a major move once the Index breaks the Range on either side.
Ahead of upcoming event(Budget), we may see more volatility this week.
High Probability is Nifty may remain in the above range until the event.
If Nifty breaks the Trendline and Sustains above 18265, Upside Targets are 18499/18590.
If Nifty breaks the Support and trades below 17774, Downside Targets are 17520/17305.
Nifty is in 500pts range between 17774-18265 for the past 4 weeks.
We may see a major move once the Index breaks the Range on either side.
Ahead of upcoming event(Budget), we may see more volatility this week.
High Probability is Nifty may remain in the above range until the event.
If Nifty breaks the Trendline and Sustains above 18265, Upside Targets are 18499/18590.
If Nifty breaks the Support and trades below 17774, Downside Targets are 17520/17305.
Trade closed: target reached
Target Hit
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