Happy_Candles_Investment

Nifty at a crossroad. Levels for next week 14th to 18th March 22

NSE:NIFTY   Nifty 50 Index
Nifty did well to close above psychological level 16600. Immediate resistance is at 16692 and a strong one is around 16814. Crossing this level Nifty can go to 17028 and 17363. Supports on the down side are 16459, 16433, 16250, 15991 and a very strong support exists at 15674. Below 15674 the Nifty can fall to the levels of 15500 and 15465. We need a very positive news from conflict zone about de-escalation or war stopping to take us beyond 16814 and 17028+. FIIs returning to buy zone can also be helpful in pushing Nifty beyond 17028 levels.

Happy Candles Investment
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.