Nifty weekly Analysis For 17-07-23.
Nifty Weekly Range --> 19450-19950.
Support Zone --> 19380-19420
Nifty has given a breakout on upside above 19500 after trading in range of 200pts for more than 8 days.
high Probability trade for next is on upside. If Nifty Sustains above 19600, more upside possible and targets are 19780/19880.
If Nifty trades below 19450, again we may see a sideways market between 19300-19500. Short Nifty only Below 19300 for the targets of 19200/19080.
Verdict: My View is Sideways To Bullish For the Coming Week.
Nifty Weekly Range --> 19450-19950.
Support Zone --> 19380-19420
Nifty has given a breakout on upside above 19500 after trading in range of 200pts for more than 8 days.
high Probability trade for next is on upside. If Nifty Sustains above 19600, more upside possible and targets are 19780/19880.
If Nifty trades below 19450, again we may see a sideways market between 19300-19500. Short Nifty only Below 19300 for the targets of 19200/19080.
Verdict: My View is Sideways To Bullish For the Coming Week.