Nifty - Weekly Analysis for 17th - 21st Apr 2023

Nifty Weekly Analysis :

Nifty expected to be in Range this week between 17900 & 17650 Demand and Supply Zone.

We have Daily timeframe 100 SMA on the higher side and 200 EMA support on the lower side which will hold Nifty within this range. If any Breakout above 17900 Supply zone we can expect 18K.

Any weakness and closes below 17650, then 17500 will be the next Strong support level.
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