Jha_Nidhi

NIFTY weekly market FORECAST & Levels OVERVIEW

Jha_Nidhi Updated   
NSE:NIFTY   Nifty 50 Index
πŸ‘‰ The price following Descending Parallel Channel on weekly chart .The level of 16850 To 16700 is strong support zone for the price on weekly chart. After hitting all time high for the first time price closes Below 17000 which showing week closing on weekly chart and level of 17000 which was crucial support level .🎯

πŸ‘‰If price breaks the last two week low 16945 and sustain for the hours than we can see sharp move towards the downside till the 16700 & If price breaks the 16700 support level , closes and sustain than we can see sharp drop in price and downside target will be 16300/16200πŸ“‰βœ…

πŸ‘‰ Upmove possible in the price only above the level of 17222πŸ“ˆ

πŸ‘‰The level of 16200 is good opportunity for investors to invest in stocks for the long term investment viewπŸ“ˆπŸ“ˆπŸ‘.
Comment:
#NIFTY WEEKLY UPDATED CHARTβœ…βœ…πŸ‘

Price Closes above the level of 17222 βœ…
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.