NIFTY ENERGY Outlook for the Week (August 28, 2023 - September 01, 2023)

NIFTY ENERGY closed the previous week on a negative note losing 2.70%.

Technically, NIFTY ENERGY share price will see immediate support at 25,723.32 and immediate resistance would be seen at 26,444.07.

If NIFTY ENERGY share price closes below immediate support of 25,723.32, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 25,465.03 for the week.

On the positive side, immediate resistance will be seen at 26,444.07. Closing above 26,444.07, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 26,906.53 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 25,002.57 on down side and 27,164.82 on up side.

NIFTY ENERGY Previous Week High: 26648.25

NIFTY ENERGY Previous Week Low: 25927.5

NIFTY ENERGY Previous Week Range: 720.75 Points

NIFTY ENERGY share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type	Value
Resistance 3	27,164.82
Resistance 2	26,906.53
Resistance 1	26,444.07
Support 1	25,723.32
Support 2	25,465.03
Support 3	25,002.57

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NIFTY ENERGY Outlook for the Week (August 28, 2023 – September 01, 2023)

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