Nifty Weekly Analysis for 02-05-23 to 05-05-23.

Nifty Weekly Analysis for 02-05-23 to 05-05-23.
18100-18300 is Major Resistance For Nifty This Week.
17500 is a Important Support.
Nifty has given straight 1100pts move inthe last 2 Weeks without a correction.
We may See Some Profit Booking or Correction.
If Nifty Tests And Reverses From 18100, Downside Targets are 17810/17640/17500.
If Nifty Tests And Reverses From 18360, Downside Targets are 18000/17803/17633.
Upside only above 18400 for the Targets of 18500/18680/18880.
High Probability is Nifty may Consolidate in a Range This Week.

Trade closed: target reached