Nifty50指数

Nifty for week 9 Jan 2023 to 13 Jan 2023

82
Weekly Analysis

Last week Nifty opens with a slight gap, tested the previous week high's though did not sustain at highs, and moved lower and closed near the week's low.

Formed: Bear Candle
Price action combined weeks: Sideways {Inside candle - the price has been consolidating in a candle range for the past two weeks}

Seems like the price would trade sideways in the coming week as well and the range can get narrower and time for strangles

Weekly Support at 17670- 17850
Weekly Resistance at 18200-18400




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