Nifty 50 IndexShort
Nifty Weekly Analysis For 21-08-23 to 25-08-23
Nifty Weekly Analysis For 21-08-23 to 25-08-23
Nifty Support for the Week is 19250 &
Resistance for the Week is 19650.
Total Range(Sideways Market) is 19250-19650(400 pts).
If Nifty trades below 19200, the downtrend Continues and ABCD Activates and Targets are 19080/18947.
Above 19650, XABCD Activates and the Targets are 19780/19912.
Verdict: My View is Sideways to Bearish for the Week.
Nifty Support for the Week is 19250 &
Resistance for the Week is 19650.
Total Range(Sideways Market) is 19250-19650(400 pts).
If Nifty trades below 19200, the downtrend Continues and ABCD Activates and Targets are 19080/18947.
Above 19650, XABCD Activates and the Targets are 19780/19912.
Verdict: My View is Sideways to Bearish for the Week.
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