Nifty - Weekly Analysis and Levels for 31st Oct - 4th Nov 2022
Nifty Weekly View..
Global markets are positive and SGX indicates 200 Points up. This week we can expect Rangebound / Sideways market between 17750 - 18100
Nifty Likely to test 18000 - 18100 next week and 18100 is going to be very strong resistance. Incase 18100 is taken out we can expect 18500 as next target.
On the Down side 17760 is going to be strong Support, if this is compromised 17620 & 17500 is lower targets.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Global markets are positive and SGX indicates 200 Points up. This week we can expect Rangebound / Sideways market between 17750 - 18100
Nifty Likely to test 18000 - 18100 next week and 18100 is going to be very strong resistance. Incase 18100 is taken out we can expect 18500 as next target.
On the Down side 17760 is going to be strong Support, if this is compromised 17620 & 17500 is lower targets.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!