Nifty Weekly Analysis For 08-01-24 to 12-01-24

Nifty Weekly Analysis For 08-01-24 to 12-01-24
21480-21550 is the major Support Zone for Nifty50.
21820 will act as Resistance for Nifty50 coming Week.
21480-21820 is the Sideways Range For Nifty.
If Nifty Sustains Above 21820, more Upside Possible and Targets are 22040/22375.
Short only below 21480 for the Targets of 21390/21290.
Verdict: Sideways to Upside Market.