Nifty (3654) : Nse - Nifty Spot Index - Weekly NIFTY Technical levels
Support @ 3616 - 3592 - 3550 - 3530 - 3496 - 3446 - 3410 - 3385 - 3350 - 3295
Resistance @ 3697 - 3719 - 3732 - 3763 - 3790-3805
Indian Stock Market out look seems in broader range of 3550 to 3300 either side break out will decider the further trend.
Visit Intraday Strategy for todays Nifty & Trading ideas and technical levels
For the day global cues as well as charts shows, range bound and volatile trading will be seen, How ever If Nifty sustains above 3525 then bulls will have an upper hand one side and Nifty below 3440 market will be weaker and sellers may have an upper hands, Break below 3400 there are two major supports to watch out for is 3350 and 3295. Break below 3295 and closes then Bulls may be trapped very badly and bears will be enjoying the ride toward south journey [Nifty below 3295 expected tg sets around 3150, 3080 and 3000]. On higher levels upward side cross over above 3350 only bulls will have an upper hand and will enjoy a north journey and bears will get trapped for sure. [Nifty above 3550 expected tg sets around 3650-3730-3800] and in very juicy scenario 4000 to 4400 will not ruled out.