Sterling and Wilson Solar Makes Weak Debut

August 20, 2019

Shares of Sterling and Wilson Solar Limited made a weak debut on stock exchanges. Sterling and Wilson Solar’s share price opened at Rs 706 on the National Stock Exchange, down 9.48% from its issue price of Rs 780. On the BSE, Sterling and Wilson’s share price declined as much as 11.4% to Rs. 691 from its issue price. Sterling and Wilson Solar Limited’s three-day initial public offer (IPO) opened for subscription on August 6.
Sterling and Wilson Solar sold equity shares in the price band of Rs 775-780. The initial public offer of Sterling & Wilson Solar was subscribed 92% on the final day and raised around Rs 2,900 crore.
75% of the IPO was reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors(NIIs) and the remaining 10% for retail investors.
Sterling and Wilson Solar Ltd. (SWSL) was the world’s largest solar EPC solutions provider in 2018 based on annual installations of utility-scale photovoltaic systems of more than five mega-watt peak, brokerage HDFC Securities said in a note.
Read EquityPandit’s Nifty Outlook for the Week

INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (June 03, 2024 – June 07, 2024)

CRON USERMay 31, 2024

May 31, 2024

NIFTY ENERGY closed the previous week on a negative note losing 4.90%.

Technically, NIFTY ENERGY share price will see immediate support at 39,420.17 and immediate resistance would be seen at 41,472.57.

If NIFTY ENERGY share price closes below immediate support of 39,420.17, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 38,584.83 for the week.

On the positive side, immediate resistance will be seen at 41,472.57. Closing above 41,472.57, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 42,689.63 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 37,367.77 on down side and 43,524.97 on up side.

NIFTY ENERGY Previous Week High: 41854.3

NIFTY ENERGY Previous Week Low: 39801.9

NIFTY ENERGY Previous Week Range: 2052.4 Points

NIFTY ENERGY share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type	Value
Resistance 3	43,524.97
Resistance 2	42,689.63
Resistance 1	41,472.57
Support 1	39,420.17
Support 2	38,584.83
Support 3	37,367.77

.d-none{display:none};

[{"upd_Date":"2024-04-19T00:00:00","price":39357.85,"volume":138339485,"Open":38987.55,"High":39501.9,"Low":38726.85},{"upd_Date":"2024-04-22T00:00:00","price":39570.05,"volume":119031102,"Open":39712.25,"High":39727.9,"Low":39458.6},{"upd_Date":"2024-04-23T00:00:00","price":39446.6,"volume":83789274,"Open":39721.55,"High":39853,"Low":39392.05},{"upd_Date":"2024-04-24T00:00:00","price":39561.85,"volume":81025656,"Open":39585.25,"High":39770.35,"Low":39498},{"upd_Date":"2024-04-25T00:00:00","price":39989.25,"volume":108321013,"Open":39520.35,"High":40059.2,"Low":39459.05},{"upd_Date":"2024-04-26T00:00:00","price":39968.3,"volume":88496359,"Open":40111.2,"High":40208.35,"Low":39902.85},{"upd_Date":"2024-04-29T00:00:00","price":40352.1,"volume":116475874,"Open":40116.35,"High":40387.3,"Low":40059.6},{"upd_Date":"2024-04-30T00:00:00","price":40366.7,"volume":170573327,"Open":40537.2,"High":40771.35,"Low":40311.35},{"upd_Date":"2024-05-02T00:00:00","price":40801.1,"volume":205871870,"Open":40490.75,"High":40971.1,"Low":40383.85},{"upd_Date":"2024-05-03T00:00:00","price":40571.05,"volume":198383652,"Open":40973.75,"High":41244.55,"Low":40122.15},{"upd_Date":"2024-05-06T00:00:00","price":39882.1,"volume":141143560,"Open":40689.9,"High":40736.8,"Low":39702.65},{"upd_Date":"2024-05-07T00:00:00","price":39035.25,"volume":126040742,"Open":39976.1,"High":40021.35,"Low":38916.85},{"upd_Date":"2024-05-08T00:00:00","price":39635.1,"volume":114680188,"Open":38911.4,"High":39918.5,"Low":38911.4},{"upd_Date":"2024-05-09T00:00:00","price":38458,"volume":122826731,"Open":39622.1,"High":39742.9,"Low":38367.65},{"upd_Date":"2024-05-10T00:00:00","price":39089.45,"volume":116513724,"Open":38687.25,"High":39137.6,"Low":38504.4},{"upd_Date":"2024-05-13T00:00:00","price":38868.15,"volume":114381912,"Open":39092.9,"High":39148.8,"Low":38132.75},{"upd_Date":"2024-05-14T00:00:00","price":39494.2,"volume":87562720,"Open":38939.5,"High":39543.95,"Low":38924.2},{"upd_Date":"2024-05-15T00:00:00","price":39949.55,"volume":102378609,"Open":39617.2,"High":40075.3,"Low":39563.95},{"upd_Date":"2024-05-16T00:00:00","price":40076.6,"volume":130245487,"Open":40122.6,"High":40146.55,"Low":39422.85},{"upd_Date":"2024-05-17T00:00:00","price":40302.5,"volume":74632388,"Open":40118.85,"High":40368.2,"Low":39976.05},{"upd_Date":"2024-05-18T00:00:00","price":40432.85,"volume":11674178,"Open":40480.1,"High":40502.75,"Low":40397.75},{"upd_Date":"2024-05-21T00:00:00","price":40971.05,"volume":134643156,"Open":40307.7,"High":41190.55,"Low":40305.4},{"upd_Date":"2024-05-22T00:00:00","price":41331.55,"volume":121039349,"Open":41204.4,"High":41397.9,"Low":40946.9},{"upd_Date":"2024-05-23T00:00:00","price":41559.25,"volume":130050488,"Open":41318.45,"High":41625.9,"Low":41088.5},{"upd_Date":"2024-05-24T00:00:00","price":41634.65,"volume":96085121,"Open":41536.6,"High":41876.95,"Low":41413.25},{"upd_Date":"2024-05-27T00:00:00","price":41292.65,"volume":97546576,"Open":41842.65,"High":41854.3,"Low":41114.2},{"upd_Date":"2024-05-28T00:00:00","price":40794.85,"volume":70164670,"Open":41445.75,"High":41508.35,"Low":40705.45},{"upd_Date":"2024-05-29T00:00:00","price":40572.2,"volume":81243661,"Open":40471.15,"High":40834,"Low":40410.6},{"upd_Date":"2024-05-30T00:00:00","price":39986.85,"volume":99474099,"Open":40471.2,"High":40558,"Low":39801.9},{"upd_Date":"2024-05-31T00:00:00","price":40255.5,"volume":191049153,"Open":40210.25,"High":40476.7,"Low":39922.25}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-31T00:00:00","open_Price":40210.25,"High_Price":40476.7,"Low_Price":39922.25,"Price":40255.5,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":39986.85,"PriceDiff":268.65000000000146,"change":0.6718458693295457,"Net_TrdQty":0,"HI_52_WK":41876.95,"LO_52_WK":23734.15,"H52DATE":"2024-05-24T00:00:00","L52DATE":"2023-05-31T00:00:00","sc_group":null,"CompLname":"Nifty Energy","Sc_code":null,"ListInfo":"listed","B52HighAdj":41876.95,"b52LowAdj":23734.15,"isin":null,"symbol":"CNXENERY  "}]

{"buy_point":[{"en_ltd":"2024-05-14","en_sup_p_91":"39466.53","en_sup_t_91":"38424.98","prev_close":"38868.15","en_close":"39494.20","new_date":"May 14","prev_close_no":38868},{"en_ltd":"2024-04-25","en_sup_p_91":"39831.70","en_sup_t_91":"39143.30","prev_close":"39561.85","en_close":"39989.25","new_date":"Apr 25","prev_close_no":39561}],"sell_point":[{"en_ltd":"2024-05-28","en_sup_p_91":"41010.45","en_sup_t_91":"41770.66","prev_close":"41292.65","en_close":"40794.85","new_date":"May 28","prev_close_no":41292},{"en_ltd":"2024-05-28","en_sup_p_91":"41010.45","en_sup_t_91":"41770.66","prev_close":"41292.65","en_close":"40794.85","new_date":"May 28","prev_close_no":41292},{"en_ltd":"2024-05-06","en_sup_p_91":"40119.81","en_sup_t_91":"40886.11","prev_close":"40571.05","en_close":"39882.10","new_date":"May 6","prev_close_no":40571}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 27, 2024 – May 31, 2024)

CRON USERMay 24, 2024

May 24, 2024

NIFTY ENERGY closed the previous week on a negative note losing 3.75%.

Technically, NIFTY ENERGY share price will see immediate support at 40,667.72 and immediate resistance would be seen at 42,239.27.

If NIFTY ENERGY share price closes below immediate support of 40,667.72, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 39,700.78 for the week.

On the positive side, immediate resistance will be seen at 42,239.27. Closing above 42,239.27, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 42,843.88 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 39,096.17 on down side and 43,810.82 on up side.

NIFTY ENERGY Previous Week High: 41876.95

NIFTY ENERGY Previous Week Low: 40305.4

NIFTY ENERGY Previous Week Range: 1571.55 Points

NIFTY ENERGY share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type	Value
Resistance 3	43,810.82
Resistance 2	42,843.88
Resistance 1	42,239.27
Support 1	40,667.72
Support 2	39,700.78
Support 3	39,096.17

.d-none{display:none};

[{"upd_Date":"2024-04-10T00:00:00","price":40120.1,"volume":109972890,"Open":39785.7,"High":40248.3,"Low":39785.7},{"upd_Date":"2024-04-12T00:00:00","price":39756,"volume":147038914,"Open":40058.6,"High":40437.75,"Low":39714.3},{"upd_Date":"2024-04-15T00:00:00","price":39629.25,"volume":193761091,"Open":39232.9,"High":40017,"Low":38876.9},{"upd_Date":"2024-04-16T00:00:00","price":39712.75,"volume":154687788,"Open":39426.7,"High":39900.2,"Low":39298.25},{"upd_Date":"2024-04-18T00:00:00","price":39359.55,"volume":193433267,"Open":40094.95,"High":40275.55,"Low":39244.5},{"upd_Date":"2024-04-19T00:00:00","price":39357.85,"volume":138339485,"Open":38987.55,"High":39501.9,"Low":38726.85},{"upd_Date":"2024-04-22T00:00:00","price":39570.05,"volume":119031102,"Open":39712.25,"High":39727.9,"Low":39458.6},{"upd_Date":"2024-04-23T00:00:00","price":39446.6,"volume":83789274,"Open":39721.55,"High":39853,"Low":39392.05},{"upd_Date":"2024-04-24T00:00:00","price":39561.85,"volume":81025656,"Open":39585.25,"High":39770.35,"Low":39498},{"upd_Date":"2024-04-25T00:00:00","price":39989.25,"volume":108321013,"Open":39520.35,"High":40059.2,"Low":39459.05},{"upd_Date":"2024-04-26T00:00:00","price":39968.3,"volume":88496359,"Open":40111.2,"High":40208.35,"Low":39902.85},{"upd_Date":"2024-04-29T00:00:00","price":40352.1,"volume":116475874,"Open":40116.35,"High":40387.3,"Low":40059.6},{"upd_Date":"2024-04-30T00:00:00","price":40366.7,"volume":170573327,"Open":40537.2,"High":40771.35,"Low":40311.35},{"upd_Date":"2024-05-02T00:00:00","price":40801.1,"volume":205871870,"Open":40490.75,"High":40971.1,"Low":40383.85},{"upd_Date":"2024-05-03T00:00:00","price":40571.05,"volume":198383652,"Open":40973.75,"High":41244.55,"Low":40122.15},{"upd_Date":"2024-05-06T00:00:00","price":39882.1,"volume":141143560,"Open":40689.9,"High":40736.8,"Low":39702.65},{"upd_Date":"2024-05-07T00:00:00","price":39035.25,"volume":126040742,"Open":39976.1,"High":40021.35,"Low":38916.85},{"upd_Date":"2024-05-08T00:00:00","price":39635.1,"volume":114680188,"Open":38911.4,"High":39918.5,"Low":38911.4},{"upd_Date":"2024-05-09T00:00:00","price":38458,"volume":122826731,"Open":39622.1,"High":39742.9,"Low":38367.65},{"upd_Date":"2024-05-10T00:00:00","price":39089.45,"volume":116513724,"Open":38687.25,"High":39137.6,"Low":38504.4},{"upd_Date":"2024-05-13T00:00:00","price":38868.15,"volume":114381912,"Open":39092.9,"High":39148.8,"Low":38132.75},{"upd_Date":"2024-05-14T00:00:00","price":39494.2,"volume":87562720,"Open":38939.5,"High":39543.95,"Low":38924.2},{"upd_Date":"2024-05-15T00:00:00","price":39949.55,"volume":102378609,"Open":39617.2,"High":40075.3,"Low":39563.95},{"upd_Date":"2024-05-16T00:00:00","price":40076.6,"volume":130245487,"Open":40122.6,"High":40146.55,"Low":39422.85},{"upd_Date":"2024-05-17T00:00:00","price":40302.5,"volume":74632388,"Open":40118.85,"High":40368.2,"Low":39976.05},{"upd_Date":"2024-05-18T00:00:00","price":40432.85,"volume":11674178,"Open":40480.1,"High":40502.75,"Low":40397.75},{"upd_Date":"2024-05-21T00:00:00","price":40971.05,"volume":134643156,"Open":40307.7,"High":41190.55,"Low":40305.4},{"upd_Date":"2024-05-22T00:00:00","price":41331.55,"volume":121039349,"Open":41204.4,"High":41397.9,"Low":40946.9},{"upd_Date":"2024-05-23T00:00:00","price":41559.25,"volume":130050488,"Open":41318.45,"High":41625.9,"Low":41088.5},{"upd_Date":"2024-05-24T00:00:00","price":41634.65,"volume":96085121,"Open":41536.6,"High":41876.95,"Low":41413.25}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-24T00:00:00","open_Price":41536.6,"High_Price":41876.95,"Low_Price":41413.25,"Price":41634.65,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":41559.25,"PriceDiff":75.40000000000146,"change":0.18142772066387497,"Net_TrdQty":0,"HI_52_WK":41876.95,"LO_52_WK":23734.15,"H52DATE":"2024-05-24T00:00:00","L52DATE":"2023-05-31T00:00:00","sc_group":null,"CompLname":"Nifty Energy","Sc_code":null,"ListInfo":"listed","B52HighAdj":41625.9,"b52LowAdj":23734.15,"isin":null,"symbol":"CNXENERY  "}]

{"buy_point":[{"en_ltd":"2024-05-14","en_sup_p_91":"39466.53","en_sup_t_91":"38424.98","prev_close":"38868.15","en_close":"39494.20","new_date":"May 14","prev_close_no":38868},{"en_ltd":"2024-04-25","en_sup_p_91":"39831.70","en_sup_t_91":"39143.30","prev_close":"39561.85","en_close":"39989.25","new_date":"Apr 25","prev_close_no":39561}],"sell_point":[{"en_ltd":"2024-05-06","en_sup_p_91":"40119.81","en_sup_t_91":"40886.11","prev_close":"40571.05","en_close":"39882.10","new_date":"May 6","prev_close_no":40571},{"en_ltd":"2024-04-18","en_sup_p_91":"39455.23","en_sup_t_91":"40470.13","prev_close":"39712.75","en_close":"39359.55","new_date":"Apr 18","prev_close_no":39712}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 20, 2024 – May 24, 2024)

CRON USERMay 17, 2024

May 17, 2024

NIFTY ENERGY closed the previous week on a negative note losing 5.54%.

Technically, NIFTY ENERGY share price will see immediate support at 38,834.10 and immediate resistance would be seen at 41,069.55.

If NIFTY ENERGY share price closes below immediate support of 38,834.10, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 37,365.70 for the week.

On the positive side, immediate resistance will be seen at 41,069.55. Closing above 41,069.55, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 41,836.60 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 36,598.65 on down side and 43,305.00 on up side.

NIFTY ENERGY Previous Week High: 40368.2

NIFTY ENERGY Previous Week Low: 38132.75

NIFTY ENERGY Previous Week Range: 2235.45 Points

NIFTY ENERGY share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type	Value
Resistance 3	43,305.00
Resistance 2	41,836.60
Resistance 1	41,069.55
Support 1	38,834.10
Support 2	37,365.70
Support 3	36,598.65

.d-none{display:none};

[{"upd_Date":"2024-04-03T00:00:00","price":39704.55,"volume":108175973,"Open":39679.8,"High":39826.05,"Low":39562.35},{"upd_Date":"2024-04-04T00:00:00","price":39530.35,"volume":143991001,"Open":40023.8,"High":40099.25,"Low":39270.7},{"upd_Date":"2024-04-05T00:00:00","price":39451.55,"volume":87414712,"Open":39534.55,"High":39581.35,"Low":39157.4},{"upd_Date":"2024-04-08T00:00:00","price":39951.25,"volume":76723151,"Open":39649.2,"High":40025.3,"Low":39637.45},{"upd_Date":"2024-04-09T00:00:00","price":39693.45,"volume":93229686,"Open":40065.8,"High":40092.65,"Low":39602.65},{"upd_Date":"2024-04-10T00:00:00","price":40120.1,"volume":109972890,"Open":39785.7,"High":40248.3,"Low":39785.7},{"upd_Date":"2024-04-12T00:00:00","price":39756,"volume":147038914,"Open":40058.6,"High":40437.75,"Low":39714.3},{"upd_Date":"2024-04-15T00:00:00","price":39629.25,"volume":193761091,"Open":39232.9,"High":40017,"Low":38876.9},{"upd_Date":"2024-04-16T00:00:00","price":39712.75,"volume":154687788,"Open":39426.7,"High":39900.2,"Low":39298.25},{"upd_Date":"2024-04-18T00:00:00","price":39359.55,"volume":193433267,"Open":40094.95,"High":40275.55,"Low":39244.5},{"upd_Date":"2024-04-19T00:00:00","price":39357.85,"volume":138339485,"Open":38987.55,"High":39501.9,"Low":38726.85},{"upd_Date":"2024-04-22T00:00:00","price":39570.05,"volume":119031102,"Open":39712.25,"High":39727.9,"Low":39458.6},{"upd_Date":"2024-04-23T00:00:00","price":39446.6,"volume":83789274,"Open":39721.55,"High":39853,"Low":39392.05},{"upd_Date":"2024-04-24T00:00:00","price":39561.85,"volume":81025656,"Open":39585.25,"High":39770.35,"Low":39498},{"upd_Date":"2024-04-25T00:00:00","price":39989.25,"volume":108321013,"Open":39520.35,"High":40059.2,"Low":39459.05},{"upd_Date":"2024-04-26T00:00:00","price":39968.3,"volume":88496359,"Open":40111.2,"High":40208.35,"Low":39902.85},{"upd_Date":"2024-04-29T00:00:00","price":40352.1,"volume":116475874,"Open":40116.35,"High":40387.3,"Low":40059.6},{"upd_Date":"2024-04-30T00:00:00","price":40366.7,"volume":170573327,"Open":40537.2,"High":40771.35,"Low":40311.35},{"upd_Date":"2024-05-02T00:00:00","price":40801.1,"volume":205871870,"Open":40490.75,"High":40971.1,"Low":40383.85},{"upd_Date":"2024-05-03T00:00:00","price":40571.05,"volume":198383652,"Open":40973.75,"High":41244.55,"Low":40122.15},{"upd_Date":"2024-05-06T00:00:00","price":39882.1,"volume":141143560,"Open":40689.9,"High":40736.8,"Low":39702.65},{"upd_Date":"2024-05-07T00:00:00","price":39035.25,"volume":126040742,"Open":39976.1,"High":40021.35,"Low":38916.85},{"upd_Date":"2024-05-08T00:00:00","price":39635.1,"volume":114680188,"Open":38911.4,"High":39918.5,"Low":38911.4},{"upd_Date":"2024-05-09T00:00:00","price":38458,"volume":122826731,"Open":39622.1,"High":39742.9,"Low":38367.65},{"upd_Date":"2024-05-10T00:00:00","price":39089.45,"volume":116513724,"Open":38687.25,"High":39137.6,"Low":38504.4},{"upd_Date":"2024-05-13T00:00:00","price":38868.15,"volume":114381912,"Open":39092.9,"High":39148.8,"Low":38132.75},{"upd_Date":"2024-05-14T00:00:00","price":39494.2,"volume":87562720,"Open":38939.5,"High":39543.95,"Low":38924.2},{"upd_Date":"2024-05-15T00:00:00","price":39949.55,"volume":102378609,"Open":39617.2,"High":40075.3,"Low":39563.95},{"upd_Date":"2024-05-16T00:00:00","price":40076.6,"volume":130245487,"Open":40122.6,"High":40146.55,"Low":39422.85},{"upd_Date":"2024-05-17T00:00:00","price":40302.5,"volume":74632388,"Open":40118.85,"High":40368.2,"Low":39976.05}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-17T00:00:00","open_Price":40118.85,"High_Price":40368.2,"Low_Price":39976.05,"Price":40302.5,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":40076.6,"PriceDiff":225.90000000000146,"change":0.5636705708568128,"Net_TrdQty":0,"HI_52_WK":41244.55,"LO_52_WK":23458.35,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-19T00:00:00","sc_group":null,"CompLname":"Nifty Energy","Sc_code":null,"ListInfo":"listed","B52HighAdj":41244.55,"b52LowAdj":23458.35,"isin":null,"symbol":"CNXENERY  "}]

{"buy_point":[{"en_ltd":"2024-05-14","en_sup_p_91":"39466.53","en_sup_t_91":"38424.98","prev_close":"38868.15","en_close":"39494.20","new_date":"May 14","prev_close_no":38868},{"en_ltd":"2024-04-25","en_sup_p_91":"39831.70","en_sup_t_91":"39143.30","prev_close":"39561.85","en_close":"39989.25","new_date":"Apr 25","prev_close_no":39561}],"sell_point":[{"en_ltd":"2024-05-06","en_sup_p_91":"40119.81","en_sup_t_91":"40886.11","prev_close":"40571.05","en_close":"39882.10","new_date":"May 6","prev_close_no":40571},{"en_ltd":"2024-04-18","en_sup_p_91":"39455.23","en_sup_t_91":"40470.13","prev_close":"39712.75","en_close":"39359.55","new_date":"Apr 18","prev_close_no":39712}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 13, 2024 – May 17, 2024)

CRON USERMay 10, 2024

May 10, 2024

NIFTY ENERGY closed the previous week on a negative note losing 5.82%.

Technically, NIFTY ENERGY share price will see immediate support at 38,059.13 and immediate resistance would be seen at 40,428.28.

If NIFTY ENERGY share price closes below immediate support of 38,059.13, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 37,028.82 for the week.

On the positive side, immediate resistance will be seen at 40,428.28. Closing above 40,428.28, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 41,767.12 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 35,689.98 on down side and 42,797.43 on up side.

NIFTY ENERGY Previous Week High: 40736.8

NIFTY ENERGY Previous Week Low: 38367.65

NIFTY ENERGY Previous Week Range: 2369.15 Points

NIFTY ENERGY share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type	Value
Resistance 3	42,797.43
Resistance 2	41,767.12
Resistance 1	40,428.28
Support 1	38,059.13
Support 2	37,028.82
Support 3	35,689.98

.d-none{display:none};

[{"upd_Date":"2024-03-26T00:00:00","price":38428.5,"volume":107770841,"Open":38096.45,"High":38557.25,"Low":38058.9},{"upd_Date":"2024-03-27T00:00:00","price":38690.15,"volume":169000891,"Open":38629.9,"High":39050.75,"Low":38599.8},{"upd_Date":"2024-03-28T00:00:00","price":39020.6,"volume":129560727,"Open":38803.3,"High":39401,"Low":38803.3},{"upd_Date":"2024-04-01T00:00:00","price":39489.7,"volume":73743276,"Open":39322.55,"High":39557.3,"Low":39227.85},{"upd_Date":"2024-04-02T00:00:00","price":39693.75,"volume":104741179,"Open":39503.5,"High":39807.25,"Low":39405.7},{"upd_Date":"2024-04-03T00:00:00","price":39704.55,"volume":108175973,"Open":39679.8,"High":39826.05,"Low":39562.35},{"upd_Date":"2024-04-04T00:00:00","price":39530.35,"volume":143991001,"Open":40023.8,"High":40099.25,"Low":39270.7},{"upd_Date":"2024-04-05T00:00:00","price":39451.55,"volume":87414712,"Open":39534.55,"High":39581.35,"Low":39157.4},{"upd_Date":"2024-04-08T00:00:00","price":39951.25,"volume":76723151,"Open":39649.2,"High":40025.3,"Low":39637.45},{"upd_Date":"2024-04-09T00:00:00","price":39693.45,"volume":93229686,"Open":40065.8,"High":40092.65,"Low":39602.65},{"upd_Date":"2024-04-10T00:00:00","price":40120.1,"volume":109972890,"Open":39785.7,"High":40248.3,"Low":39785.7},{"upd_Date":"2024-04-12T00:00:00","price":39756,"volume":147038914,"Open":40058.6,"High":40437.75,"Low":39714.3},{"upd_Date":"2024-04-15T00:00:00","price":39629.25,"volume":193761091,"Open":39232.9,"High":40017,"Low":38876.9},{"upd_Date":"2024-04-16T00:00:00","price":39712.75,"volume":154687788,"Open":39426.7,"High":39900.2,"Low":39298.25},{"upd_Date":"2024-04-18T00:00:00","price":39359.55,"volume":193433267,"Open":40094.95,"High":40275.55,"Low":39244.5},{"upd_Date":"2024-04-19T00:00:00","price":39357.85,"volume":138339485,"Open":38987.55,"High":39501.9,"Low":38726.85},{"upd_Date":"2024-04-22T00:00:00","price":39570.05,"volume":119031102,"Open":39712.25,"High":39727.9,"Low":39458.6},{"upd_Date":"2024-04-23T00:00:00","price":39446.6,"volume":83789274,"Open":39721.55,"High":39853,"Low":39392.05},{"upd_Date":"2024-04-24T00:00:00","price":39561.85,"volume":81025656,"Open":39585.25,"High":39770.35,"Low":39498},{"upd_Date":"2024-04-25T00:00:00","price":39989.25,"volume":108321013,"Open":39520.35,"High":40059.2,"Low":39459.05},{"upd_Date":"2024-04-26T00:00:00","price":39968.3,"volume":88496359,"Open":40111.2,"High":40208.35,"Low":39902.85},{"upd_Date":"2024-04-29T00:00:00","price":40352.1,"volume":116475874,"Open":40116.35,"High":40387.3,"Low":40059.6},{"upd_Date":"2024-04-30T00:00:00","price":40366.7,"volume":170573327,"Open":40537.2,"High":40771.35,"Low":40311.35},{"upd_Date":"2024-05-02T00:00:00","price":40801.1,"volume":205871870,"Open":40490.75,"High":40971.1,"Low":40383.85},{"upd_Date":"2024-05-03T00:00:00","price":40571.05,"volume":198383652,"Open":40973.75,"High":41244.55,"Low":40122.15},{"upd_Date":"2024-05-06T00:00:00","price":39882.1,"volume":141143560,"Open":40689.9,"High":40736.8,"Low":39702.65},{"upd_Date":"2024-05-07T00:00:00","price":39035.25,"volume":126040742,"Open":39976.1,"High":40021.35,"Low":38916.85},{"upd_Date":"2024-05-08T00:00:00","price":39635.1,"volume":114680188,"Open":38911.4,"High":39918.5,"Low":38911.4},{"upd_Date":"2024-05-09T00:00:00","price":38458,"volume":122826731,"Open":39622.1,"High":39742.9,"Low":38367.65},{"upd_Date":"2024-05-10T00:00:00","price":39089.45,"volume":116513724,"Open":38687.25,"High":39137.6,"Low":38504.4}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-10T00:00:00","open_Price":38687.25,"High_Price":39137.6,"Low_Price":38504.4,"Price":39089.45,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":38458,"PriceDiff":631.4499999999971,"change":1.6419210567372122,"Net_TrdQty":0,"HI_52_WK":41244.55,"LO_52_WK":23458.35,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-19T00:00:00","sc_group":null,"CompLname":"Nifty Energy","Sc_code":"532071","ListInfo":"listed","B52HighAdj":41244.55,"b52LowAdj":23458.35,"isin":null,"symbol":"CNXENERY"}]

{"buy_point":[{"en_ltd":"2024-04-25","en_sup_p_91":"39831.70","en_sup_t_91":"39143.30","prev_close":"39561.85","en_close":"39989.25","new_date":"Apr 25","prev_close_no":39561}],"sell_point":[{"en_ltd":"2024-05-06","en_sup_p_91":"40119.81","en_sup_t_91":"40886.11","prev_close":"40571.05","en_close":"39882.10","new_date":"May 6","prev_close_no":40571},{"en_ltd":"2024-04-18","en_sup_p_91":"39455.23","en_sup_t_91":"40470.13","prev_close":"39712.75","en_close":"39359.55","new_date":"Apr 18","prev_close_no":39712}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY ENERGY

NIFTY ENERGY Outlook for the Week (May 06, 2024 – May 10, 2024)

CRON USERMay 3, 2024

May 3, 2024

NIFTY ENERGY closed the previous week on a negative note losing 2.87%.

Technically, NIFTY ENERGY share price will see immediate support at 40,005.58 and immediate resistance would be seen at 41,190.53.

If NIFTY ENERGY share price closes below immediate support of 40,005.58, then sharp breakdown can be seen. NIFTY ENERGY share price will see major support at 39,440.12 for the week.

On the positive side, immediate resistance will be seen at 41,190.53. Closing above 41,190.53, NIFTY ENERGY share price will see a sharp breakout. Major resistance for NIFTY ENERGY share price will be seen at 41,810.02 for the week.

Trading range for NIFTY ENERGY share price for this week should be between 38,820.63 on down side and 42,375.48 on up side.

NIFTY ENERGY Previous Week High: 41244.55

NIFTY ENERGY Previous Week Low: 40059.6

NIFTY ENERGY Previous Week Range: 1184.95 Points

NIFTY ENERGY share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type	Value
Resistance 3	42,375.48
Resistance 2	41,810.02
Resistance 1	41,190.53
Support 1	40,005.58
Support 2	39,440.12
Support 3	38,820.63

.d-none{display:none};

[{"upd_Date":"2024-03-18T00:00:00","price":37825.4,"volume":116466562,"Open":37497.25,"High":37935.6,"Low":37284.5},{"upd_Date":"2024-03-19T00:00:00","price":37232.1,"volume":135203420,"Open":37592.4,"High":37742.2,"Low":37053.85},{"upd_Date":"2024-03-20T00:00:00","price":37630.7,"volume":97845145,"Open":37391.5,"High":37670.3,"Low":37058.9},{"upd_Date":"2024-03-21T00:00:00","price":38328.35,"volume":128455341,"Open":37984.05,"High":38381.6,"Low":37961.4},{"upd_Date":"2024-03-22T00:00:00","price":38411.55,"volume":119522088,"Open":38314.05,"High":38618.05,"Low":38107.95},{"upd_Date":"2024-03-26T00:00:00","price":38428.5,"volume":107770841,"Open":38096.45,"High":38557.25,"Low":38058.9},{"upd_Date":"2024-03-27T00:00:00","price":38690.15,"volume":169000891,"Open":38629.9,"High":39050.75,"Low":38599.8},{"upd_Date":"2024-03-28T00:00:00","price":39020.6,"volume":129560727,"Open":38803.3,"High":39401,"Low":38803.3},{"upd_Date":"2024-04-01T00:00:00","price":39489.7,"volume":73743276,"Open":39322.55,"High":39557.3,"Low":39227.85},{"upd_Date":"2024-04-02T00:00:00","price":39693.75,"volume":104741179,"Open":39503.5,"High":39807.25,"Low":39405.7},{"upd_Date":"2024-04-03T00:00:00","price":39704.55,"volume":108175973,"Open":39679.8,"High":39826.05,"Low":39562.35},{"upd_Date":"2024-04-04T00:00:00","price":39530.35,"volume":143991001,"Open":40023.8,"High":40099.25,"Low":39270.7},{"upd_Date":"2024-04-05T00:00:00","price":39451.55,"volume":87414712,"Open":39534.55,"High":39581.35,"Low":39157.4},{"upd_Date":"2024-04-08T00:00:00","price":39951.25,"volume":76723151,"Open":39649.2,"High":40025.3,"Low":39637.45},{"upd_Date":"2024-04-09T00:00:00","price":39693.45,"volume":93229686,"Open":40065.8,"High":40092.65,"Low":39602.65},{"upd_Date":"2024-04-10T00:00:00","price":40120.1,"volume":109972890,"Open":39785.7,"High":40248.3,"Low":39785.7},{"upd_Date":"2024-04-12T00:00:00","price":39756,"volume":147038914,"Open":40058.6,"High":40437.75,"Low":39714.3},{"upd_Date":"2024-04-15T00:00:00","price":39629.25,"volume":193761091,"Open":39232.9,"High":40017,"Low":38876.9},{"upd_Date":"2024-04-16T00:00:00","price":39712.75,"volume":154687788,"Open":39426.7,"High":39900.2,"Low":39298.25},{"upd_Date":"2024-04-18T00:00:00","price":39359.55,"volume":193433267,"Open":40094.95,"High":40275.55,"Low":39244.5},{"upd_Date":"2024-04-19T00:00:00","price":39357.85,"volume":138339485,"Open":38987.55,"High":39501.9,"Low":38726.85},{"upd_Date":"2024-04-22T00:00:00","price":39570.05,"volume":119031102,"Open":39712.25,"High":39727.9,"Low":39458.6},{"upd_Date":"2024-04-23T00:00:00","price":39446.6,"volume":83789274,"Open":39721.55,"High":39853,"Low":39392.05},{"upd_Date":"2024-04-24T00:00:00","price":39561.85,"volume":81025656,"Open":39585.25,"High":39770.35,"Low":39498},{"upd_Date":"2024-04-25T00:00:00","price":39989.25,"volume":108321013,"Open":39520.35,"High":40059.2,"Low":39459.05},{"upd_Date":"2024-04-26T00:00:00","price":39968.3,"volume":88496359,"Open":40111.2,"High":40208.35,"Low":39902.85},{"upd_Date":"2024-04-29T00:00:00","price":40352.1,"volume":116475874,"Open":40116.35,"High":40387.3,"Low":40059.6},{"upd_Date":"2024-04-30T00:00:00","price":40366.7,"volume":170573327,"Open":40537.2,"High":40771.35,"Low":40311.35},{"upd_Date":"2024-05-02T00:00:00","price":40801.1,"volume":205871870,"Open":40490.75,"High":40971.1,"Low":40383.85},{"upd_Date":"2024-05-03T00:00:00","price":40571.05,"volume":198383652,"Open":40973.75,"High":41244.55,"Low":40122.15}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-03T00:00:00","open_Price":40973.75,"High_Price":41244.55,"Low_Price":40122.15,"Price":40571.05,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":40801.1,"PriceDiff":-230.04999999999563,"change":-0.5638328378401456,"Net_TrdQty":0,"HI_52_WK":41244.55,"LO_52_WK":23458.35,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-19T00:00:00","sc_group":null,"CompLname":"Nifty Energy","Sc_code":"532071","ListInfo":"listed","B52HighAdj":40971.1,"b52LowAdj":23458.35,"isin":null,"symbol":"CNXENERY"}]

{"buy_point":[{"en_ltd":"2024-04-25","en_sup_p_91":"39831.70","en_sup_t_91":"39143.30","prev_close":"39561.85","en_close":"39989.25","new_date":"Apr 25","prev_close_no":39561},{"en_ltd":"2024-03-21","en_sup_p_91":"38219.85","en_sup_t_91":"37327.85","prev_close":"37630.70","en_close":"38328.35","new_date":"Mar 21","prev_close_no":37630}],"sell_point":[{"en_ltd":"2024-04-18","en_sup_p_91":"39455.23","en_sup_t_91":"40470.13","prev_close":"39712.75","en_close":"39359.55","new_date":"Apr 18","prev_close_no":39712}]}

EquityPandit

Get Daily Prediction & Stocks Tips On Your Mobile

EquityPandit