NIFTY50 traded in the tight range of 24,000-24,500 (EMA confluence levels) during the last week, before closing ~130 points higher compared to its previous week.
The FII selling has resumed in the markets, after a pause before week, amid the reignition of geopolitical tensions. Further, the raising oil prices and higher than expected CPI numbers gave no respite to the markets.
For the current week, I expect market to trade in the range of 24,000-24,400. On the upside, 25,100 will act as the first resistance level. On the downside, 23,800 can act as first support level and the previous swing low of 23,000 further.
The FII selling has resumed in the markets, after a pause before week, amid the reignition of geopolitical tensions. Further, the raising oil prices and higher than expected CPI numbers gave no respite to the markets.
For the current week, I expect market to trade in the range of 24,000-24,400. On the upside, 25,100 will act as the first resistance level. On the downside, 23,800 can act as first support level and the previous swing low of 23,000 further.
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
