Nifty Weekly Analysis For 27-05-24 to 31-05-24
Nifty has given a breakout and close above its major resistance 22700-22800,
the same level will now act as support for nity.
If Nifty gives a pullback and tests support, Long from 22800 for the target of 22950/23050.
And If Nifty Sustains above 23050, next target will be 23150/23200.
Failure of breakout, i.e. Short level is below 22700 for the Targets of 22580/22480 on Downside.
Nifty has given a breakout and close above its major resistance 22700-22800,
the same level will now act as support for nity.
If Nifty gives a pullback and tests support, Long from 22800 for the target of 22950/23050.
And If Nifty Sustains above 23050, next target will be 23150/23200.
Failure of breakout, i.e. Short level is below 22700 for the Targets of 22580/22480 on Downside.