Nifty Weekly Analysis and Prediction for Tomorrow:
Nifty is very weak closed below 17K is not a good sign. Only support in Nifty is 16830 - 16850. If this support level is compromised we can expect 16K very soon.
Tomorrow Nifty likely to open Flat, if any pull back to 16991 supply zone, we can anticipate SELL entry for lower targets.
Don't go long.. SELL on raise.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.