Nifty Weekly Analysis.. (01.01.2024 to 05.01.2024)

The levels are mentioned on the chart. The nifty weekly range is 21440–21810. The important support is 21500–21600.

The Nifty will be bullish until it stays above 21650–21680.
The Nifty will be in the neutral zone between 21350 and 21650.
The Nifty will be weak only below 21350.

Weekly Target on the buy side is: (above 21810)

Target 1 is 21910, Target 2 is 22010, Target 3 is 22110; and Target 4 is 22220

The weekly Target on the sell-side is : (below 21650.)

Target 1 is 21590-21540-21490 and 21350.

This is only for educational purposes. You can consult your financial advisor before taking any trade.
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