Nifty Outlook for the coming week from 21st to 25th March 2022.

Mar 17, 2022

Nifty has ended the week on a high at 17287 on the back of moderate US FED rate hike and Crude prices easing considerably. The chart is looking excellent and Bulls would be ready to take over the baton from the next week but there are few important hurdles they can face. Thursday’s high of 17344.6 from where the Nifty slid almost 57 points can be a strong resistance. Above those levels the resistance will be near 17500 to 17615 zone has lot of mild resistances. On the down side the support levels will be Thursday’s low of 17175 below that 17049 and 16814.