World Bank Group’s President to Visit India on Friday

October 24, 2019

David R. Malpass is the President of World Bank Group will be visiting India on October 25th and be staying here till October 28th. Tomorrow the visit will start Malpass’ first visit to India since taking over as the multilateral organization. This visit comes in the backdrop of domestic economy battling a serve demand slowdown. Malpass’ engagements include meetings with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
“At the invitation of the Government of India, Mr Malpass will visit Gujarat to deliver the inaugural address at a 3-day event on strengthening the capacity of the Indian Administrative Services (IAS),” the World Bank said in a statement. “He will interact with the new cohort of civil servants to discuss ideas on strengthening public administration in India. Mr Malpass will also give a keynote speech at the next NITI Aayog’s Lecture Series on the role of the financial sector in India’s development,” it added.
Asia’s third-largest economy grew at its slowest pace in six years in the quarter of June at 5 per cent. The International Monetary fund (IMF) also slashed its economic growth forecast for India to 6.1 per cent for the current fiscal from its July projection of 7 per cent, citing weaker than expected outlook for domestic demand. IMF also lowered India’s FY21 GDP growth forecast by 20 bps to 7.2 per cent.
Read EquityPandit’s Nifty Outlook for the Week

INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (June 03, 2024 – June 07, 2024)

CRON USERMay 31, 2024

May 31, 2024

NIFTY 50 closed the previous week on a negative note losing 3.00%.

Technically, NIFTY 50 share price will see immediate support at 22,261.53 and immediate resistance would be seen at 22,955.33.

If NIFTY 50 share price closes below immediate support of 22,261.53, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 21,992.37 for the week.

On the positive side, immediate resistance will be seen at 22,955.33. Closing above 22,955.33, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 23,379.97 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,567.73 on down side and 23,649.13 on up side.

NIFTY 50 Previous Week High: 23110.8

NIFTY 50 Previous Week Low: 22417

NIFTY 50 Previous Week Range: 693.8 Points

NIFTY 50 share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type	Value
Resistance 3	23,649.13
Resistance 2	23,379.97
Resistance 1	22,955.33
Support 1	22,261.53
Support 2	21,992.37
Support 3	21,567.73

.d-none{display:none};

[{"upd_Date":"2024-04-19T00:00:00","price":22147,"volume":362530569,"Open":21861.5,"High":22179.55,"Low":21777.65},{"upd_Date":"2024-04-22T00:00:00","price":22336.4,"volume":279259571,"Open":22336.9,"High":22375.65,"Low":22198.15},{"upd_Date":"2024-04-23T00:00:00","price":22368,"volume":231520813,"Open":22447.05,"High":22447.55,"Low":22349.45},{"upd_Date":"2024-04-24T00:00:00","price":22402.4,"volume":235898642,"Open":22421.55,"High":22476.45,"Low":22384},{"upd_Date":"2024-04-25T00:00:00","price":22570.35,"volume":475044740,"Open":22316.9,"High":22625.95,"Low":22305.25},{"upd_Date":"2024-04-26T00:00:00","price":22419.95,"volume":329887340,"Open":22620.4,"High":22620.4,"Low":22385.55},{"upd_Date":"2024-04-29T00:00:00","price":22643.4,"volume":291957361,"Open":22475.55,"High":22655.8,"Low":22441.9},{"upd_Date":"2024-04-30T00:00:00","price":22604.85,"volume":361859375,"Open":22679.65,"High":22783.35,"Low":22568.4},{"upd_Date":"2024-05-02T00:00:00","price":22648.2,"volume":445909456,"Open":22567.85,"High":22710.5,"Low":22567.85},{"upd_Date":"2024-05-03T00:00:00","price":22475.85,"volume":438060727,"Open":22766.35,"High":22794.7,"Low":22348.05},{"upd_Date":"2024-05-06T00:00:00","price":22442.7,"volume":320255789,"Open":22561.6,"High":22588.8,"Low":22409.45},{"upd_Date":"2024-05-07T00:00:00","price":22302.5,"volume":297815469,"Open":22489.75,"High":22499.05,"Low":22232.05},{"upd_Date":"2024-05-08T00:00:00","price":22302.5,"volume":277438692,"Open":22231.2,"High":22368.65,"Low":22185.2},{"upd_Date":"2024-05-09T00:00:00","price":21957.5,"volume":331327454,"Open":22224.8,"High":22307.75,"Low":21932.4},{"upd_Date":"2024-05-10T00:00:00","price":22055.2,"volume":265804411,"Open":21990.95,"High":22131.3,"Low":21950.3},{"upd_Date":"2024-05-13T00:00:00","price":22104.05,"volume":278186886,"Open":22027.95,"High":22131.65,"Low":21821.05},{"upd_Date":"2024-05-14T00:00:00","price":22217.85,"volume":230238941,"Open":22112.9,"High":22270.05,"Low":22081.25},{"upd_Date":"2024-05-15T00:00:00","price":22200.55,"volume":231935478,"Open":22255.6,"High":22297.55,"Low":22151.75},{"upd_Date":"2024-05-16T00:00:00","price":22403.85,"volume":368945092,"Open":22319.2,"High":22432.25,"Low":22054.55},{"upd_Date":"2024-05-17T00:00:00","price":22466.1,"volume":242654570,"Open":22415.25,"High":22502.15,"Low":22345.65},{"upd_Date":"2024-05-18T00:00:00","price":22502,"volume":19064566,"Open":22512.85,"High":22520.25,"Low":22470.05},{"upd_Date":"2024-05-21T00:00:00","price":22529.05,"volume":347591587,"Open":22404.55,"High":22591.1,"Low":22404.55},{"upd_Date":"2024-05-22T00:00:00","price":22597.8,"volume":290345590,"Open":22576.6,"High":22629.5,"Low":22483.15},{"upd_Date":"2024-05-23T00:00:00","price":22967.65,"volume":369767547,"Open":22614.1,"High":22993.6,"Low":22577.45},{"upd_Date":"2024-05-24T00:00:00","price":22957.1,"volume":261927120,"Open":22930.75,"High":23026.4,"Low":22908},{"upd_Date":"2024-05-27T00:00:00","price":22932.45,"volume":260006078,"Open":23038.95,"High":23110.8,"Low":22871.2},{"upd_Date":"2024-05-28T00:00:00","price":22888.15,"volume":217890750,"Open":22977.15,"High":22998.55,"Low":22858.5},{"upd_Date":"2024-05-29T00:00:00","price":22704.7,"volume":269932784,"Open":22762.75,"High":22825.5,"Low":22685.45},{"upd_Date":"2024-05-30T00:00:00","price":22488.65,"volume":373374457,"Open":22617.45,"High":22705.75,"Low":22417},{"upd_Date":"2024-05-31T00:00:00","price":22530.7,"volume":572122639,"Open":22568.1,"High":22653.75,"Low":22465.1}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-31T00:00:00","open_Price":22568.1,"High_Price":22653.75,"Low_Price":22465.1,"Price":22530.7,"BBuy_Qty":0,"BBuy_Price":0,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":22488.65,"PriceDiff":42.04999999999927,"change":0.18698321153114691,"Net_TrdQty":0,"HI_52_WK":23110.8,"LO_52_WK":18464.55,"H52DATE":"2024-05-27T00:00:00","L52DATE":"2023-06-01T00:00:00","sc_group":null,"CompLname":"Nifty 50","Sc_code":null,"ListInfo":"listed","B52HighAdj":23110.8,"b52LowAdj":18464.55,"isin":null,"symbol":"NIFTY     "}]

{"buy_point":[{"en_ltd":"2024-05-16","en_sup_p_91":"22225.70","en_sup_t_91":"21995.33","prev_close":"22200.55","en_close":"22403.85","new_date":"May 16","prev_close_no":22200},{"en_ltd":"2024-04-22","en_sup_p_91":"22224.50","en_sup_t_91":"22042.92","prev_close":"22147.00","en_close":"22336.40","new_date":"Apr 22","prev_close_no":22147}],"sell_point":[{"en_ltd":"2024-05-29","en_sup_p_91":"22771.10","en_sup_t_91":"22965.57","prev_close":"22888.15","en_close":"22704.70","new_date":"May 29","prev_close_no":22888},{"en_ltd":"2024-05-06","en_sup_p_91":"22448.33","en_sup_t_91":"22735.50","prev_close":"22475.85","en_close":"22442.70","new_date":"May 6","prev_close_no":22475}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 27, 2024 – May 31, 2024)

CRON USERMay 24, 2024

May 24, 2024

NIFTY 50 closed the previous week on a negative note losing 2.70%.

Technically, NIFTY 50 share price will see immediate support at 22,565.63 and immediate resistance would be seen at 23,187.48.

If NIFTY 50 share price closes below immediate support of 22,565.63, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 22,174.17 for the week.

On the positive side, immediate resistance will be seen at 23,187.48. Closing above 23,187.48, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 23,417.87 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,943.78 on down side and 23,809.33 on up side.

NIFTY 50 Previous Week High: 23026.4

NIFTY 50 Previous Week Low: 22404.55

NIFTY 50 Previous Week Range: 621.85 Points

NIFTY 50 share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type	Value
Resistance 3	23,809.33
Resistance 2	23,417.87
Resistance 1	23,187.48
Support 1	22,565.63
Support 2	22,174.17
Support 3	21,943.78

.d-none{display:none};

[{"upd_Date":"2024-04-10T00:00:00","price":22753.8,"volume":276847931,"Open":22720.25,"High":22775.7,"Low":22673.7},{"upd_Date":"2024-04-12T00:00:00","price":22519.4,"volume":357187778,"Open":22677.4,"High":22726.45,"Low":22503.75},{"upd_Date":"2024-04-15T00:00:00","price":22272.5,"volume":355465814,"Open":22339.05,"High":22427.45,"Low":22259.55},{"upd_Date":"2024-04-16T00:00:00","price":22147.9,"volume":317267066,"Open":22125.3,"High":22213.75,"Low":22079.45},{"upd_Date":"2024-04-18T00:00:00","price":21995.85,"volume":456906707,"Open":22212.35,"High":22326.5,"Low":21961.7},{"upd_Date":"2024-04-19T00:00:00","price":22147,"volume":362530569,"Open":21861.5,"High":22179.55,"Low":21777.65},{"upd_Date":"2024-04-22T00:00:00","price":22336.4,"volume":279259571,"Open":22336.9,"High":22375.65,"Low":22198.15},{"upd_Date":"2024-04-23T00:00:00","price":22368,"volume":231520813,"Open":22447.05,"High":22447.55,"Low":22349.45},{"upd_Date":"2024-04-24T00:00:00","price":22402.4,"volume":235898642,"Open":22421.55,"High":22476.45,"Low":22384},{"upd_Date":"2024-04-25T00:00:00","price":22570.35,"volume":475044740,"Open":22316.9,"High":22625.95,"Low":22305.25},{"upd_Date":"2024-04-26T00:00:00","price":22419.95,"volume":329887340,"Open":22620.4,"High":22620.4,"Low":22385.55},{"upd_Date":"2024-04-29T00:00:00","price":22643.4,"volume":291957361,"Open":22475.55,"High":22655.8,"Low":22441.9},{"upd_Date":"2024-04-30T00:00:00","price":22604.85,"volume":361859375,"Open":22679.65,"High":22783.35,"Low":22568.4},{"upd_Date":"2024-05-02T00:00:00","price":22648.2,"volume":445909456,"Open":22567.85,"High":22710.5,"Low":22567.85},{"upd_Date":"2024-05-03T00:00:00","price":22475.85,"volume":438060727,"Open":22766.35,"High":22794.7,"Low":22348.05},{"upd_Date":"2024-05-06T00:00:00","price":22442.7,"volume":320255789,"Open":22561.6,"High":22588.8,"Low":22409.45},{"upd_Date":"2024-05-07T00:00:00","price":22302.5,"volume":297815469,"Open":22489.75,"High":22499.05,"Low":22232.05},{"upd_Date":"2024-05-08T00:00:00","price":22302.5,"volume":277438692,"Open":22231.2,"High":22368.65,"Low":22185.2},{"upd_Date":"2024-05-09T00:00:00","price":21957.5,"volume":331327454,"Open":22224.8,"High":22307.75,"Low":21932.4},{"upd_Date":"2024-05-10T00:00:00","price":22055.2,"volume":265804411,"Open":21990.95,"High":22131.3,"Low":21950.3},{"upd_Date":"2024-05-13T00:00:00","price":22104.05,"volume":278186886,"Open":22027.95,"High":22131.65,"Low":21821.05},{"upd_Date":"2024-05-14T00:00:00","price":22217.85,"volume":230238941,"Open":22112.9,"High":22270.05,"Low":22081.25},{"upd_Date":"2024-05-15T00:00:00","price":22200.55,"volume":231935478,"Open":22255.6,"High":22297.55,"Low":22151.75},{"upd_Date":"2024-05-16T00:00:00","price":22403.85,"volume":368945092,"Open":22319.2,"High":22432.25,"Low":22054.55},{"upd_Date":"2024-05-17T00:00:00","price":22466.1,"volume":242654570,"Open":22415.25,"High":22502.15,"Low":22345.65},{"upd_Date":"2024-05-18T00:00:00","price":22502,"volume":19064566,"Open":22512.85,"High":22520.25,"Low":22470.05},{"upd_Date":"2024-05-21T00:00:00","price":22529.05,"volume":347591587,"Open":22404.55,"High":22591.1,"Low":22404.55},{"upd_Date":"2024-05-22T00:00:00","price":22597.8,"volume":290345590,"Open":22576.6,"High":22629.5,"Low":22483.15},{"upd_Date":"2024-05-23T00:00:00","price":22967.65,"volume":369767547,"Open":22614.1,"High":22993.6,"Low":22577.45},{"upd_Date":"2024-05-24T00:00:00","price":22957.1,"volume":261927120,"Open":22930.75,"High":23026.4,"Low":22908}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-24T00:00:00","open_Price":22930.75,"High_Price":23026.4,"Low_Price":22908,"Price":22957.1,"BBuy_Qty":0,"BBuy_Price":0,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":22967.65,"PriceDiff":-10.55000000000291,"change":-0.045934172629776705,"Net_TrdQty":0,"HI_52_WK":23026.4,"LO_52_WK":18202.4,"H52DATE":"2024-05-24T00:00:00","L52DATE":"2023-05-25T00:00:00","sc_group":null,"CompLname":"Nifty 50","Sc_code":null,"ListInfo":"listed","B52HighAdj":22993.6,"b52LowAdj":18202.4,"isin":null,"symbol":"NIFTY     "}]

{"buy_point":[{"en_ltd":"2024-05-16","en_sup_p_91":"22225.70","en_sup_t_91":"21995.33","prev_close":"22200.55","en_close":"22403.85","new_date":"May 16","prev_close_no":22200},{"en_ltd":"2024-04-22","en_sup_p_91":"22224.50","en_sup_t_91":"22042.92","prev_close":"22147.00","en_close":"22336.40","new_date":"Apr 22","prev_close_no":22147}],"sell_point":[{"en_ltd":"2024-05-06","en_sup_p_91":"22448.33","en_sup_t_91":"22735.50","prev_close":"22475.85","en_close":"22442.70","new_date":"May 6","prev_close_no":22475},{"en_ltd":"2024-04-12","en_sup_p_91":"22525.31","en_sup_t_91":"22820.11","prev_close":"22753.80","en_close":"22519.40","new_date":"Apr 12","prev_close_no":22753}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 20, 2024 – May 24, 2024)

CRON USERMay 17, 2024

May 17, 2024

NIFTY 50 closed the previous week on a negative note losing 3.03%.

Technically, NIFTY 50 share price will see immediate support at 22,024.05 and immediate resistance would be seen at 22,705.15.

If NIFTY 50 share price closes below immediate support of 22,024.05, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 21,582.00 for the week.

On the positive side, immediate resistance will be seen at 22,705.15. Closing above 22,705.15, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,944.20 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,342.95 on down side and 23,386.25 on up side.

NIFTY 50 Previous Week High: 22502.15

NIFTY 50 Previous Week Low: 21821.05

NIFTY 50 Previous Week Range: 681.1 Points

NIFTY 50 share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type	Value
Resistance 3	23,386.25
Resistance 2	22,944.20
Resistance 1	22,705.15
Support 1	22,024.05
Support 2	21,582.00
Support 3	21,342.95

.d-none{display:none};

[{"upd_Date":"2024-04-03T00:00:00","price":22434.65,"volume":309647491,"Open":22385.7,"High":22521.1,"Low":22346.5},{"upd_Date":"2024-04-04T00:00:00","price":22514.65,"volume":400986156,"Open":22592.1,"High":22619,"Low":22303.8},{"upd_Date":"2024-04-05T00:00:00","price":22513.7,"volume":242244731,"Open":22486.4,"High":22537.6,"Low":22427.6},{"upd_Date":"2024-04-08T00:00:00","price":22666.3,"volume":227633561,"Open":22578.35,"High":22697.3,"Low":22550.35},{"upd_Date":"2024-04-09T00:00:00","price":22642.75,"volume":232356772,"Open":22765.1,"High":22768.4,"Low":22612.25},{"upd_Date":"2024-04-10T00:00:00","price":22753.8,"volume":276847931,"Open":22720.25,"High":22775.7,"Low":22673.7},{"upd_Date":"2024-04-12T00:00:00","price":22519.4,"volume":357187778,"Open":22677.4,"High":22726.45,"Low":22503.75},{"upd_Date":"2024-04-15T00:00:00","price":22272.5,"volume":355465814,"Open":22339.05,"High":22427.45,"Low":22259.55},{"upd_Date":"2024-04-16T00:00:00","price":22147.9,"volume":317267066,"Open":22125.3,"High":22213.75,"Low":22079.45},{"upd_Date":"2024-04-18T00:00:00","price":21995.85,"volume":456906707,"Open":22212.35,"High":22326.5,"Low":21961.7},{"upd_Date":"2024-04-19T00:00:00","price":22147,"volume":362530569,"Open":21861.5,"High":22179.55,"Low":21777.65},{"upd_Date":"2024-04-22T00:00:00","price":22336.4,"volume":279259571,"Open":22336.9,"High":22375.65,"Low":22198.15},{"upd_Date":"2024-04-23T00:00:00","price":22368,"volume":231520813,"Open":22447.05,"High":22447.55,"Low":22349.45},{"upd_Date":"2024-04-24T00:00:00","price":22402.4,"volume":235898642,"Open":22421.55,"High":22476.45,"Low":22384},{"upd_Date":"2024-04-25T00:00:00","price":22570.35,"volume":475044740,"Open":22316.9,"High":22625.95,"Low":22305.25},{"upd_Date":"2024-04-26T00:00:00","price":22419.95,"volume":329887340,"Open":22620.4,"High":22620.4,"Low":22385.55},{"upd_Date":"2024-04-29T00:00:00","price":22643.4,"volume":291957361,"Open":22475.55,"High":22655.8,"Low":22441.9},{"upd_Date":"2024-04-30T00:00:00","price":22604.85,"volume":361859375,"Open":22679.65,"High":22783.35,"Low":22568.4},{"upd_Date":"2024-05-02T00:00:00","price":22648.2,"volume":445909456,"Open":22567.85,"High":22710.5,"Low":22567.85},{"upd_Date":"2024-05-03T00:00:00","price":22475.85,"volume":438060727,"Open":22766.35,"High":22794.7,"Low":22348.05},{"upd_Date":"2024-05-06T00:00:00","price":22442.7,"volume":320255789,"Open":22561.6,"High":22588.8,"Low":22409.45},{"upd_Date":"2024-05-07T00:00:00","price":22302.5,"volume":297815469,"Open":22489.75,"High":22499.05,"Low":22232.05},{"upd_Date":"2024-05-08T00:00:00","price":22302.5,"volume":277438692,"Open":22231.2,"High":22368.65,"Low":22185.2},{"upd_Date":"2024-05-09T00:00:00","price":21957.5,"volume":331327454,"Open":22224.8,"High":22307.75,"Low":21932.4},{"upd_Date":"2024-05-10T00:00:00","price":22055.2,"volume":265804411,"Open":21990.95,"High":22131.3,"Low":21950.3},{"upd_Date":"2024-05-13T00:00:00","price":22104.05,"volume":278186886,"Open":22027.95,"High":22131.65,"Low":21821.05},{"upd_Date":"2024-05-14T00:00:00","price":22217.85,"volume":230238941,"Open":22112.9,"High":22270.05,"Low":22081.25},{"upd_Date":"2024-05-15T00:00:00","price":22200.55,"volume":231935478,"Open":22255.6,"High":22297.55,"Low":22151.75},{"upd_Date":"2024-05-16T00:00:00","price":22403.85,"volume":368945092,"Open":22319.2,"High":22432.25,"Low":22054.55},{"upd_Date":"2024-05-17T00:00:00","price":22466.1,"volume":242654570,"Open":22415.25,"High":22502.15,"Low":22345.65}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-17T00:00:00","open_Price":22415.25,"High_Price":22502.15,"Low_Price":22345.65,"Price":22466.1,"BBuy_Qty":0,"BBuy_Price":0,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":22403.85,"PriceDiff":62.25,"change":0.2778540295529563,"Net_TrdQty":0,"HI_52_WK":22794.7,"LO_52_WK":18060.4,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-19T00:00:00","sc_group":null,"CompLname":"Nifty 50","Sc_code":null,"ListInfo":"listed","B52HighAdj":22794.7,"b52LowAdj":18060.4,"isin":null,"symbol":"NIFTY     "}]

{"buy_point":[{"en_ltd":"2024-05-16","en_sup_p_91":"22225.70","en_sup_t_91":"21995.33","prev_close":"22200.55","en_close":"22403.85","new_date":"May 16","prev_close_no":22200},{"en_ltd":"2024-04-22","en_sup_p_91":"22224.50","en_sup_t_91":"22042.92","prev_close":"22147.00","en_close":"22336.40","new_date":"Apr 22","prev_close_no":22147}],"sell_point":[{"en_ltd":"2024-05-06","en_sup_p_91":"22448.33","en_sup_t_91":"22735.50","prev_close":"22475.85","en_close":"22442.70","new_date":"May 6","prev_close_no":22475},{"en_ltd":"2024-04-12","en_sup_p_91":"22525.31","en_sup_t_91":"22820.11","prev_close":"22753.80","en_close":"22519.40","new_date":"Apr 12","prev_close_no":22753}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 13, 2024 – May 17, 2024)

CRON USERMay 10, 2024

May 10, 2024

NIFTY 50 closed the previous week on a negative note losing 2.91%.

Technically, NIFTY 50 share price will see immediate support at 21,795.47 and immediate resistance would be seen at 22,451.87.

If NIFTY 50 share price closes below immediate support of 21,795.47, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 21,535.73 for the week.

On the positive side, immediate resistance will be seen at 22,451.87. Closing above 22,451.87, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,848.53 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,139.07 on down side and 23,108.27 on up side.

NIFTY 50 Previous Week High: 22588.8

NIFTY 50 Previous Week Low: 21932.4

NIFTY 50 Previous Week Range: 656.4 Points

NIFTY 50 share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type	Value
Resistance 3	23,108.27
Resistance 2	22,848.53
Resistance 1	22,451.87
Support 1	21,795.47
Support 2	21,535.73
Support 3	21,139.07

.d-none{display:none};

[{"upd_Date":"2024-03-26T00:00:00","price":22004.7,"volume":328403719,"Open":21947.9,"High":22073.2,"Low":21947.55},{"upd_Date":"2024-03-27T00:00:00","price":22123.65,"volume":409136866,"Open":22053.95,"High":22193.6,"Low":22052.85},{"upd_Date":"2024-03-28T00:00:00","price":22326.9,"volume":407422815,"Open":22163.6,"High":22516,"Low":22163.6},{"upd_Date":"2024-04-01T00:00:00","price":22462,"volume":243637071,"Open":22455,"High":22529.95,"Low":22427.75},{"upd_Date":"2024-04-02T00:00:00","price":22453.3,"volume":289524237,"Open":22458.8,"High":22497.6,"Low":22388.15},{"upd_Date":"2024-04-03T00:00:00","price":22434.65,"volume":309647491,"Open":22385.7,"High":22521.1,"Low":22346.5},{"upd_Date":"2024-04-04T00:00:00","price":22514.65,"volume":400986156,"Open":22592.1,"High":22619,"Low":22303.8},{"upd_Date":"2024-04-05T00:00:00","price":22513.7,"volume":242244731,"Open":22486.4,"High":22537.6,"Low":22427.6},{"upd_Date":"2024-04-08T00:00:00","price":22666.3,"volume":227633561,"Open":22578.35,"High":22697.3,"Low":22550.35},{"upd_Date":"2024-04-09T00:00:00","price":22642.75,"volume":232356772,"Open":22765.1,"High":22768.4,"Low":22612.25},{"upd_Date":"2024-04-10T00:00:00","price":22753.8,"volume":276847931,"Open":22720.25,"High":22775.7,"Low":22673.7},{"upd_Date":"2024-04-12T00:00:00","price":22519.4,"volume":357187778,"Open":22677.4,"High":22726.45,"Low":22503.75},{"upd_Date":"2024-04-15T00:00:00","price":22272.5,"volume":355465814,"Open":22339.05,"High":22427.45,"Low":22259.55},{"upd_Date":"2024-04-16T00:00:00","price":22147.9,"volume":317267066,"Open":22125.3,"High":22213.75,"Low":22079.45},{"upd_Date":"2024-04-18T00:00:00","price":21995.85,"volume":456906707,"Open":22212.35,"High":22326.5,"Low":21961.7},{"upd_Date":"2024-04-19T00:00:00","price":22147,"volume":362530569,"Open":21861.5,"High":22179.55,"Low":21777.65},{"upd_Date":"2024-04-22T00:00:00","price":22336.4,"volume":279259571,"Open":22336.9,"High":22375.65,"Low":22198.15},{"upd_Date":"2024-04-23T00:00:00","price":22368,"volume":231520813,"Open":22447.05,"High":22447.55,"Low":22349.45},{"upd_Date":"2024-04-24T00:00:00","price":22402.4,"volume":235898642,"Open":22421.55,"High":22476.45,"Low":22384},{"upd_Date":"2024-04-25T00:00:00","price":22570.35,"volume":475044740,"Open":22316.9,"High":22625.95,"Low":22305.25},{"upd_Date":"2024-04-26T00:00:00","price":22419.95,"volume":329887340,"Open":22620.4,"High":22620.4,"Low":22385.55},{"upd_Date":"2024-04-29T00:00:00","price":22643.4,"volume":291957361,"Open":22475.55,"High":22655.8,"Low":22441.9},{"upd_Date":"2024-04-30T00:00:00","price":22604.85,"volume":361859375,"Open":22679.65,"High":22783.35,"Low":22568.4},{"upd_Date":"2024-05-02T00:00:00","price":22648.2,"volume":445909456,"Open":22567.85,"High":22710.5,"Low":22567.85},{"upd_Date":"2024-05-03T00:00:00","price":22475.85,"volume":438060727,"Open":22766.35,"High":22794.7,"Low":22348.05},{"upd_Date":"2024-05-06T00:00:00","price":22442.7,"volume":320255789,"Open":22561.6,"High":22588.8,"Low":22409.45},{"upd_Date":"2024-05-07T00:00:00","price":22302.5,"volume":297815469,"Open":22489.75,"High":22499.05,"Low":22232.05},{"upd_Date":"2024-05-08T00:00:00","price":22302.5,"volume":277438692,"Open":22231.2,"High":22368.65,"Low":22185.2},{"upd_Date":"2024-05-09T00:00:00","price":21957.5,"volume":331327454,"Open":22224.8,"High":22307.75,"Low":21932.4},{"upd_Date":"2024-05-10T00:00:00","price":22055.2,"volume":265804411,"Open":21990.95,"High":22131.3,"Low":21950.3}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-10T00:00:00","open_Price":21990.95,"High_Price":22131.3,"Low_Price":21950.3,"Price":22055.2,"BBuy_Qty":0,"BBuy_Price":0,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":37135714,"Value":0,"Volume":0,"Oldprice":21957.5,"PriceDiff":97.70000000000073,"change":0.4449504725037036,"Net_TrdQty":0,"HI_52_WK":22794.7,"LO_52_WK":18060.4,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-19T00:00:00","sc_group":null,"CompLname":"Nifty 50","Sc_code":"521335","ListInfo":"listed","B52HighAdj":22794.7,"b52LowAdj":18060.4,"isin":null,"symbol":"NIFTY"}]

{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"22224.50","en_sup_t_91":"22042.92","prev_close":"22147.00","en_close":"22336.40","new_date":"Apr 22","prev_close_no":22147}],"sell_point":[{"en_ltd":"2024-05-06","en_sup_p_91":"22448.33","en_sup_t_91":"22735.50","prev_close":"22475.85","en_close":"22442.70","new_date":"May 6","prev_close_no":22475},{"en_ltd":"2024-04-12","en_sup_p_91":"22525.31","en_sup_t_91":"22820.11","prev_close":"22753.80","en_close":"22519.40","new_date":"Apr 12","prev_close_no":22753}]}

INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 06, 2024 – May 10, 2024)

CRON USERMay 3, 2024

May 3, 2024

NIFTY 50 closed the previous week on a negative note losing 1.96%.

Technically, NIFTY 50 share price will see immediate support at 22,284.37 and immediate resistance would be seen at 22,731.02.

If NIFTY 50 share price closes below immediate support of 22,284.37, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 22,092.88 for the week.

On the positive side, immediate resistance will be seen at 22,731.02. Closing above 22,731.02, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,986.18 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,837.72 on down side and 23,177.67 on up side.

NIFTY 50 Previous Week High: 22794.7

NIFTY 50 Previous Week Low: 22348.05

NIFTY 50 Previous Week Range: 446.65 Points

NIFTY 50 share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type	Value
Resistance 3	23,177.67
Resistance 2	22,986.18
Resistance 1	22,731.02
Support 1	22,284.37
Support 2	22,092.88
Support 3	21,837.72

.d-none{display:none};

[{"upd_Date":"2024-03-18T00:00:00","price":22055.7,"volume":356321519,"Open":21990.1,"High":22123.7,"Low":21916.55},{"upd_Date":"2024-03-19T00:00:00","price":21817.45,"volume":344157465,"Open":21946.45,"High":21978.3,"Low":21793.1},{"upd_Date":"2024-03-20T00:00:00","price":21839.1,"volume":312414696,"Open":21843.9,"High":21930.9,"Low":21710.2},{"upd_Date":"2024-03-21T00:00:00","price":22011.95,"volume":353172434,"Open":21989.9,"High":22080.95,"Low":21941.3},{"upd_Date":"2024-03-22T00:00:00","price":22096.75,"volume":388656439,"Open":21932.2,"High":22180.7,"Low":21883.3},{"upd_Date":"2024-03-26T00:00:00","price":22004.7,"volume":328403719,"Open":21947.9,"High":22073.2,"Low":21947.55},{"upd_Date":"2024-03-27T00:00:00","price":22123.65,"volume":409136866,"Open":22053.95,"High":22193.6,"Low":22052.85},{"upd_Date":"2024-03-28T00:00:00","price":22326.9,"volume":407422815,"Open":22163.6,"High":22516,"Low":22163.6},{"upd_Date":"2024-04-01T00:00:00","price":22462,"volume":243637071,"Open":22455,"High":22529.95,"Low":22427.75},{"upd_Date":"2024-04-02T00:00:00","price":22453.3,"volume":289524237,"Open":22458.8,"High":22497.6,"Low":22388.15},{"upd_Date":"2024-04-03T00:00:00","price":22434.65,"volume":309647491,"Open":22385.7,"High":22521.1,"Low":22346.5},{"upd_Date":"2024-04-04T00:00:00","price":22514.65,"volume":400986156,"Open":22592.1,"High":22619,"Low":22303.8},{"upd_Date":"2024-04-05T00:00:00","price":22513.7,"volume":242244731,"Open":22486.4,"High":22537.6,"Low":22427.6},{"upd_Date":"2024-04-08T00:00:00","price":22666.3,"volume":227633561,"Open":22578.35,"High":22697.3,"Low":22550.35},{"upd_Date":"2024-04-09T00:00:00","price":22642.75,"volume":232356772,"Open":22765.1,"High":22768.4,"Low":22612.25},{"upd_Date":"2024-04-10T00:00:00","price":22753.8,"volume":276847931,"Open":22720.25,"High":22775.7,"Low":22673.7},{"upd_Date":"2024-04-12T00:00:00","price":22519.4,"volume":357187778,"Open":22677.4,"High":22726.45,"Low":22503.75},{"upd_Date":"2024-04-15T00:00:00","price":22272.5,"volume":355465814,"Open":22339.05,"High":22427.45,"Low":22259.55},{"upd_Date":"2024-04-16T00:00:00","price":22147.9,"volume":317267066,"Open":22125.3,"High":22213.75,"Low":22079.45},{"upd_Date":"2024-04-18T00:00:00","price":21995.85,"volume":456906707,"Open":22212.35,"High":22326.5,"Low":21961.7},{"upd_Date":"2024-04-19T00:00:00","price":22147,"volume":362530569,"Open":21861.5,"High":22179.55,"Low":21777.65},{"upd_Date":"2024-04-22T00:00:00","price":22336.4,"volume":279259571,"Open":22336.9,"High":22375.65,"Low":22198.15},{"upd_Date":"2024-04-23T00:00:00","price":22368,"volume":231520813,"Open":22447.05,"High":22447.55,"Low":22349.45},{"upd_Date":"2024-04-24T00:00:00","price":22402.4,"volume":235898642,"Open":22421.55,"High":22476.45,"Low":22384},{"upd_Date":"2024-04-25T00:00:00","price":22570.35,"volume":475044740,"Open":22316.9,"High":22625.95,"Low":22305.25},{"upd_Date":"2024-04-26T00:00:00","price":22419.95,"volume":329887340,"Open":22620.4,"High":22620.4,"Low":22385.55},{"upd_Date":"2024-04-29T00:00:00","price":22643.4,"volume":291957361,"Open":22475.55,"High":22655.8,"Low":22441.9},{"upd_Date":"2024-04-30T00:00:00","price":22604.85,"volume":361859375,"Open":22679.65,"High":22783.35,"Low":22568.4},{"upd_Date":"2024-05-02T00:00:00","price":22648.2,"volume":445909456,"Open":22567.85,"High":22710.5,"Low":22567.85},{"upd_Date":"2024-05-03T00:00:00","price":22475.85,"volume":438060727,"Open":22766.35,"High":22794.7,"Low":22348.05}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-03T00:00:00","open_Price":22766.35,"High_Price":22794.7,"Low_Price":22348.05,"Price":22475.85,"BBuy_Qty":0,"BBuy_Price":0,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":40496649,"Value":0,"Volume":0,"Oldprice":22648.2,"PriceDiff":-172.35000000000218,"change":-0.7609876281558896,"Net_TrdQty":0,"HI_52_WK":22794.7,"LO_52_WK":18042.4,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-03T00:00:00","sc_group":null,"CompLname":"Nifty 50","Sc_code":"521335","ListInfo":"listed","B52HighAdj":22783.35,"b52LowAdj":18042.4,"isin":null,"symbol":"NIFTY"}]

{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"22224.50","en_sup_t_91":"22042.92","prev_close":"22147.00","en_close":"22336.40","new_date":"Apr 22","prev_close_no":22147},{"en_ltd":"2024-03-22","en_sup_p_91":"22056.43","en_sup_t_91":"21788.69","prev_close":"22011.95","en_close":"22096.75","new_date":"Mar 22","prev_close_no":22011}],"sell_point":[{"en_ltd":"2024-04-12","en_sup_p_91":"22525.31","en_sup_t_91":"22820.11","prev_close":"22753.80","en_close":"22519.40","new_date":"Apr 12","prev_close_no":22753}]}

EquityPandit

Get Daily Prediction & Stocks Tips On Your Mobile

EquityPandit