Nifty stands at 17,530 level after breaking key support of 17,644 level which triggered stop los after attaining a sharp rally to 18,100+ levels. The prices failed to break for a significant breakout above the resistance line and we can see a weak week for Nifty this time.
In the coming week, Crucial Levels are:
S1: 17,300
S2:17,000
R1:18,145
R2:18,349
Market looks weak for this week as nifty is set to cool off a little after last month's rally.
In the coming week, Crucial Levels are:
S1: 17,300
S2:17,000
R1:18,145
R2:18,349
Market looks weak for this week as nifty is set to cool off a little after last month's rally.