NIFTY traded in the range of 22180-22940 for the last week, amid the unsettling geopolitics and only three trading days in the week. It formed another Lower Low on the channel which implies weaker trend, though this has bought up.
For the coming week, 22180 is the key level to watch out for. Any breach of this, would push the NIFTY to 21800 levels. On the upside, 23000 is the first level to watch out for, considering this is last week high and channel high levels as well. Any breach of this, could take the NIFTY to 23800 levels.
For the coming week, 22180 is the key level to watch out for. Any breach of this, would push the NIFTY to 21800 levels. On the upside, 23000 is the first level to watch out for, considering this is last week high and channel high levels as well. Any breach of this, could take the NIFTY to 23800 levels.
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