We discussed the Last Nifty Weekly Analysis. The Nifty Index triggered a Sell below the 11240 Weekly Support level and made a low of 11108.
On 14th May, Nifty made the low of 11108 and surged 300 points; the date was already discussed in last week’s analysis.
The Lok Sabha election results will be declared next week, so the Nifty index will experience high volatility.
Nifty Weekly Analysis 20-24th May
The critical dates for the forthcoming weeks are 20 & 24 May.
Next week, Nifty Weekly Analysis, 20-24th May
11490 will act as Resistance above, which Nifty can move towards 11545/11620/11750 levels can be seen.
On the Support side, 11355 will work as support for Nifty. Below that, the move towards 11295/11230/11100 can seen.
Note: The above-mentioned price projection & other Information are for educational purposes only.
