Nifty Weekly Analysis For 18-03-24 to 22-03-24

Nifty Weekly Analysis For 18-03-24 to 22-03-24
Weekly Sentiment is Bearish.
22200 is Major Resistance For Nifty.
21850-22200 is the Range for Nifty Next week.
If Nifty Sustains above 22200, upside possible and Targets are 22300/22400.
Note that Upside move is against the sentiment, so approach should be defensive.
Below 21850, ABCD Activates and Downside Targets are 21700/21600.
Verdict: Downside to Sideways Market.

Trade closed: target reached:

1st Target Hit