Nifty view for upcoming week
- considering 4th week holding Weekly Support Zone: 10863-10585
- Last 2 session Made high near Trend line Resistance 11085
- breakout above this may lead to test Range Resistance zone: 11106-11148
- Considering Fresh breakout above 11160 on closing basis (needs strong news triggers for such breakout)
- Daily chart near Over-bought, may test this zone & possibility of fall again
- Breakout sustain above 11160, can lead to test 200DMA level 11222
- Negative news/Gap Down may test 10945 short term support, Below this Support Zone: 10860-10746
OI Data: 11100-11200 Resistance, 11000 Strong Support
Disclaimer: All the View/Study Given from Arrowmoney are only for Educational study purpose. Consult your financial adviser before making any investment decision.