Nifty Weekly Analysis For 09-10-23 to 13-10-23
Daily Trend is Downtrend.
Nifty is in Correction Phase for the previous Impulse Move(Down move).
19780-19880 is the Major Resistance For Nifty Next Week.
If Nifty Sustains Above 19680, more upside possible and Targets are 19780/19880.
If Nifty trades below 19580, Downside Targets are 19480/19380.
Veridict: Nifty may test the 19780-19880 levels and we may see fall again.
Daily Trend is Downtrend.
Nifty is in Correction Phase for the previous Impulse Move(Down move).
19780-19880 is the Major Resistance For Nifty Next Week.
If Nifty Sustains Above 19680, more upside possible and Targets are 19780/19880.
If Nifty trades below 19580, Downside Targets are 19480/19380.
Veridict: Nifty may test the 19780-19880 levels and we may see fall again.