Nifty Weekly Analysis For 22-04-24 to 26-04-24
22300-22400 is Major Resistance For Nifty.
21700-21800 is the Support for Nifty Next week.
21800-22400 is the Range for Nifty Next Week.
22400 is a key Level as we can see both reversal & Continuation.
If Nifty Sustains above 22400, more upside possible and Targets are 22500/22600/22700.
If Nifty rejects from 22400, Downside Targets are 22200/22000/21800.
Below 21700, we will see more Fall.
Verdict: Sideways Market. Nifty is giving pull back for the previous downside impulse.
22300-22400 is Major Resistance For Nifty.
21700-21800 is the Support for Nifty Next week.
21800-22400 is the Range for Nifty Next Week.
22400 is a key Level as we can see both reversal & Continuation.
If Nifty Sustains above 22400, more upside possible and Targets are 22500/22600/22700.
If Nifty rejects from 22400, Downside Targets are 22200/22000/21800.
Below 21700, we will see more Fall.
Verdict: Sideways Market. Nifty is giving pull back for the previous downside impulse.