Weekly Nifty Analysis (4/7/24 to 11/7/24)

The levels are mentioned on the chart. The Nifty weekly range is 23900–24900. The important support is 24180

The Nifty will be bullish until it stays above 24330.
The Nifty will be in the neutral zone (24150 – 24230)
The Nifty will be weak only below 24150.

Weekly Target on the buy side is: (above 24230)

Target 1 is 24330, Target 2- 24590 & Target 3 - 24890

The weekly Target on the sell-side is : (below 24150)

Target 1 is 24050 and Target 2 is 23980-23800.

This is only for educational purposes. You can consult your financial advisor before taking any trade.