IDX:NIFTY 50 - chart - 309229
Nifty weekly Technical Analysis:
Date: 13.08.19-16.08.19
Nifty (Cash/Spot) Analysis:
Nifty mostly looking bullish till 11300 if it holds 11050-11000 for the week.
Also if Nifty does not break 11000-10950 then we can see upward move till 11450-11500.
Overall if Nifty holds the weekly support of 11000-10950 than possibility of more upside can be seen till 11500-11600.
Strong Resistance: 11300-11200.
RSI above 40 level on Daily Chart.
Note: Above analysis is for study purpose.