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INDEX OUTLOOKMARKET OUTLOOKNIFTY CONSUMPTION

NIFTY CONSUMPTION Outlook for the Week (October 16, 2023 – October 20, 2023)

NIFTY CONSUMPTION
NIFTY CONSUMPTION
NIFTY CONSUMPTION closed the previous week on a negative note losing 2.50%.

Technically, NIFTY CONSUMPTION share price will see immediate support at 8,462.85 and immediate resistance would be seen at 8,678.45.

If NIFTY CONSUMPTION share price closes below immediate support of 8,462.85, then sharp breakdown can be seen. NIFTY CONSUMPTION share price will see major support at 8,323.25 for the week.

On the positive side, immediate resistance will be seen at 8,678.45. Closing above 8,678.45, NIFTY CONSUMPTION share price will see a sharp breakout. Major resistance for NIFTY CONSUMPTION share price will be seen at 8,754.45 for the week.

Trading range for NIFTY CONSUMPTION share price for this week should be between 8,247.25 on down side and 8,894.05 on up side.

NIFTY CONSUMPTION Previous Week High: 8614.85

NIFTY CONSUMPTION Previous Week Low: 8399.25

NIFTY CONSUMPTION Previous Week Range: 215.6 Points

NIFTY CONSUMPTION share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 8,894.05
Resistance 2 8,754.45
Resistance 1 8,678.45
Support 1 8,462.85
Support 2 8,323.25
Support 3 8,247.25
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