Market Outlook:
Nifty is delicately placed at a major support level which was this week’s low. If this week low is broken next week and we get a weekly closing below the same, we can see further weakness creeping into Nifty. Weekly closing of Nifty was not good and the closing was just below 50 Weeks EMA which is always a negative sign. The resistance for Nifty on the upper side will be at 19386, 19499 and 19586. Supports on the lower side for Nifty are at 19229, 19024, 188861, 18555 and finally 18421.
Nifty is delicately placed at a major support level which was this week’s low. If this week low is broken next week and we get a weekly closing below the same, we can see further weakness creeping into Nifty. Weekly closing of Nifty was not good and the closing was just below 50 Weeks EMA which is always a negative sign. The resistance for Nifty on the upper side will be at 19386, 19499 and 19586. Supports on the lower side for Nifty are at 19229, 19024, 188861, 18555 and finally 18421.
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.