Nifty Weekly Analysis for 26-12-22 to 30-12-22.
18063-18218 is Resistance for this week.
17565-17800 is major Support For Nifty coming weeks.
On Monday If Nifty trades below 17800, Targets on Downside are 17650/17565.
If Nifty hits Downside Targets and bounces back, Weekly Targets on upside are 17911/18019/18126.
17565 is a major support & We may see more fall below this, only after Nifty tests the resistance area.
Veridict: Nifty is in Downtrend as per Daily & Hourly Timeframe. We may see a Pullback from the Support Zone and
Once the Index test the Resistance Area, Nifty may again resume its downtrend.
18063-18218 is Resistance for this week.
17565-17800 is major Support For Nifty coming weeks.
On Monday If Nifty trades below 17800, Targets on Downside are 17650/17565.
If Nifty hits Downside Targets and bounces back, Weekly Targets on upside are 17911/18019/18126.
17565 is a major support & We may see more fall below this, only after Nifty tests the resistance area.
Veridict: Nifty is in Downtrend as per Daily & Hourly Timeframe. We may see a Pullback from the Support Zone and
Once the Index test the Resistance Area, Nifty may again resume its downtrend.
注释
Since Nifty Took 17800 as Support, Resistance levels are Updated To 18233-18341 For this Week.交易手动结束
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