WEEKLY MARKET OUTLOOK –BULLS HOLD CONTROL, KEY RESISTANCES AHEADNIFTY 50 – RECOVERY CONTINUES
Nifty closed at 23,622, up 256 points from the previous week's close.
Weekly High: 23,645 | Weekly Low: 23,070
As highlighted last week, a break below 23,151 could lead to a retest of lower supports. Nifty tested 23,070, found buyers, and bounced strongly while remaining inside the projected range of 23,950–22,750.
The recovery remains intact, but the next phase will depend on how price behaves near key resistance zones.
NIFTY – LEVEL MAP
Immediate Resistance
2
