Nifty Analysis for Coming Week:
Trend - BULLISH
Nifty trading inside the descending channel took support at 18050 on Friday for Rally on the Upside.
Crucial Support Levels are : 1850 / 18180 - 18050 on the lower side where BUY entry can be initiated.
Resistance levels are - 18260 / 18300 / 18340 and then 18450
If Nifty closes above the Upper channel, 18500-18600 will be the Target for this Week.
SELL entry only if Closes below 18050 level.
Trend - BULLISH
Nifty trading inside the descending channel took support at 18050 on Friday for Rally on the Upside.
Crucial Support Levels are : 1850 / 18180 - 18050 on the lower side where BUY entry can be initiated.
Resistance levels are - 18260 / 18300 / 18340 and then 18450
If Nifty closes above the Upper channel, 18500-18600 will be the Target for this Week.
SELL entry only if Closes below 18050 level.
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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.
Disclaimer
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.