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INDEX OUTLOOKMARKET OUTLOOKNIFTY MNC

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

NIFTY MNC
NIFTY MNC
NIFTY MNC closed the previous week on a negative note losing 2.62%.

Technically, NIFTY MNC share price will see immediate support at 21,966.85 and immediate resistance would be seen at 22,553.85.

If NIFTY MNC share price closes below immediate support of 21,966.85, then sharp breakdown can be seen. NIFTY MNC share price will see major support at 21,588.10 for the week.

On the positive side, immediate resistance will be seen at 22,553.85. Closing above 22,553.85, NIFTY MNC share price will see a sharp breakout. Major resistance for NIFTY MNC share price will be seen at 22,762.10 for the week.

Trading range for NIFTY MNC share price for this week should be between 21,379.85 on down side and 23,140.85 on up side.

NIFTY MNC Previous Week High: 22383.35

NIFTY MNC Previous Week Low: 21796.35

NIFTY MNC Previous Week Range: 587 Points

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

Level Type Value
Resistance 3 23,140.85
Resistance 2 22,762.10
Resistance 1 22,553.85
Support 1 21,966.85
Support 2 21,588.10
Support 3 21,379.85
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