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Nifty - Weekly Prediction & Intraday Levels for - 06 Mar 2023

Short
Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Supply and Demand Pivot Points nifty50 niftyweeklyanalysis niftyprediction niftytradesetup niftyview
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supportandresistance supplyanddemand pivotpoints nifty50 niftyweeklyanalysis niftyprediction niftytradesetup niftyview
Nifty Weekly Analysis:

Even though Nifty had closed in green last Friday with strong up move the Major trend in Nifty is still BEARISH. Friday move is just a short covering rally.

My view this week is Nifty will test 17800 and then it will take reversal downside and may trade in range between 17800 & 17300.

If any close above 17800 - we can see 18K will be tested. I will look to BUY only daily close above 17800. Otherwise every new high is a SELL opportunity.

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