n99trades

Nifty Weekly Analysis For 09-10-23 to 13-10-23

Short
NSE:NIFTY   Nifty 50 Index
Nifty Weekly Analysis For 09-10-23 to 13-10-23
Daily Trend is Downtrend.
Nifty is in Correction Phase for the previous Impulse Move(Down move).
19780-19880 is the Major Resistance For Nifty Next Week.
If Nifty Sustains Above 19680, more upside possible and Targets are 19780/19880.
If Nifty trades below 19580, Downside Targets are 19480/19380.
Veridict: Nifty may test the 19780-19880 levels and we may see fall again.

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.