Walmart is preparing for e-commerce major Flipkart’s $10 billion initial public offerings (IPO) in the US and has hired Goldman Sachs to assist with the listing. The US retail giant is looking to sell around 25 percent in Bengaluru-based Flipkart.
According to the sources, the Bengaluru-based online retail platform is set to dilute around 10 percent of its shares to raise $ 1 billion and for a valuation of approximately $35-40 billion.
“An IPO has always been part of Flipkart’s long-term strategy. However, the focus at present is on growth and democratizing commerce in India through technology, while continuing to unlock customer value. The biggest areas of investment for Flipkart will continue to be in technology, operations, and new capabilities,” said the e-commerce giant.
The development comes amid reports that retail giant Walmart that bought a 77 percent stake in Flipkart back in 2018 for $ 16 billion is preparing for Flipkart’s initial public offering in the US.
In July 2020, Flipkart acquired Walmart India, which manages the Best Price cash-and-carry stores. The Indian e-tailer, which is registered in Singapore, also launched Flipkart Wholesale, a digital business-to-business (B2B) marketplace.
Online sales in India have surged during the COVID-19 pandemic, as people are trying to avoid crowded grocery stores, shops, and malls.
E-tailers generated $4.8 billion in gross merchandise value (GMV) during the recent festive season sale, according to consultancy firm Forrester Research.
NIFTY AUTO Outlook for the Week (June 03, 2024 – June 07, 2024)

Technically, NIFTY AUTO share price will see immediate support at 23,156.87 and immediate resistance would be seen at 23,839.52.
If NIFTY AUTO share price closes below immediate support of 23,156.87, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 22,894.13 for the week.
On the positive side, immediate resistance will be seen at 23,839.52. Closing above 23,839.52, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 24,259.43 for the week.
Trading range for NIFTY AUTO share price for this week should be between 22,474.22 on down side and 24,522.17 on up side.
NIFTY AUTO Previous Week High: 23996.7
NIFTY AUTO Previous Week Low: 23314.05
NIFTY AUTO Previous Week Range: 682.65 Points
NIFTY AUTO share price support and resistance for the week (June 03, 2024 – June 07, 2024)
Level Type | Value |
---|---|
Resistance 3 | 24,522.17 |
Resistance 2 | 24,259.43 |
Resistance 1 | 23,839.52 |
Support 1 | 23,156.87 |
Support 2 | 22,894.13 |
Support 3 | 22,474.22 |
[{"upd_Date":"2024-04-19T00:00:00","price":21609.7,"volume":75732478,"Open":21483.3,"High":21637.1,"Low":21144.75},{"upd_Date":"2024-04-22T00:00:00","price":21812.7,"volume":89846941,"Open":21846.05,"High":21854.2,"Low":21653.75},{"upd_Date":"2024-04-23T00:00:00","price":21914.3,"volume":52535836,"Open":21897.95,"High":22006.25,"Low":21806.15},{"upd_Date":"2024-04-24T00:00:00","price":21896.9,"volume":44998054,"Open":21963.8,"High":22023.4,"Low":21869.25},{"upd_Date":"2024-04-25T00:00:00","price":22174.05,"volume":56375730,"Open":21938.4,"High":22221.6,"Low":21852.95},{"upd_Date":"2024-04-26T00:00:00","price":22111.55,"volume":117135987,"Open":22219.3,"High":22286.55,"Low":22081.1},{"upd_Date":"2024-04-29T00:00:00","price":22078.75,"volume":46229810,"Open":22192.4,"High":22259.65,"Low":21990.9},{"upd_Date":"2024-04-30T00:00:00","price":22479.9,"volume":111469241,"Open":22184.8,"High":22634.05,"Low":22181.1},{"upd_Date":"2024-05-02T00:00:00","price":22733.5,"volume":94917746,"Open":22613.95,"High":22776.9,"Low":22478.15},{"upd_Date":"2024-05-03T00:00:00","price":22541.35,"volume":64074990,"Open":22870.55,"High":22870.55,"Low":22342.6},{"upd_Date":"2024-05-06T00:00:00","price":22526.6,"volume":44441800,"Open":22622.6,"High":22654.9,"Low":22394.35},{"upd_Date":"2024-05-07T00:00:00","price":22114,"volume":50868947,"Open":22582.35,"High":22595.9,"Low":21996.65},{"upd_Date":"2024-05-08T00:00:00","price":22458.65,"volume":56587153,"Open":22102.95,"High":22512.55,"Low":21959.3},{"upd_Date":"2024-05-09T00:00:00","price":22633.3,"volume":77164650,"Open":22501.9,"High":22994.55,"Low":22492.6},{"upd_Date":"2024-05-10T00:00:00","price":22846.9,"volume":55658167,"Open":22725.35,"High":22898.3,"Low":22672.3},{"upd_Date":"2024-05-13T00:00:00","price":22462.65,"volume":114099966,"Open":22725,"High":22731,"Low":22127.9},{"upd_Date":"2024-05-14T00:00:00","price":22874.8,"volume":59753593,"Open":22476.8,"High":22894.7,"Low":22435.7},{"upd_Date":"2024-05-15T00:00:00","price":22759.85,"volume":62856706,"Open":22930.6,"High":22946.05,"Low":22681},{"upd_Date":"2024-05-16T00:00:00","price":22886.85,"volume":94641681,"Open":22892.1,"High":22943.8,"Low":22448.55},{"upd_Date":"2024-05-17T00:00:00","price":23285.65,"volume":63939943,"Open":23045.65,"High":23386.95,"Low":23039.4},{"upd_Date":"2024-05-18T00:00:00","price":23339.3,"volume":8651870,"Open":23389.65,"High":23400.05,"Low":23305.35},{"upd_Date":"2024-05-21T00:00:00","price":23353.75,"volume":65431436,"Open":23322.95,"High":23422.05,"Low":23215.45},{"upd_Date":"2024-05-22T00:00:00","price":23324.1,"volume":64571530,"Open":23380.9,"High":23400.25,"Low":23201.95},{"upd_Date":"2024-05-23T00:00:00","price":23849.25,"volume":68097502,"Open":23368.55,"High":23874.75,"Low":23252.2},{"upd_Date":"2024-05-24T00:00:00","price":23891.45,"volume":112344954,"Open":23774.15,"High":24038.6,"Low":23692.15},{"upd_Date":"2024-05-27T00:00:00","price":23877.15,"volume":150518473,"Open":23972.4,"High":23996.7,"Low":23696.35},{"upd_Date":"2024-05-28T00:00:00","price":23814.25,"volume":87645862,"Open":23894.65,"High":23978.45,"Low":23763.4},{"upd_Date":"2024-05-29T00:00:00","price":23757.95,"volume":90165352,"Open":23670.55,"High":23805.45,"Low":23566.05},{"upd_Date":"2024-05-30T00:00:00","price":23471,"volume":149456320,"Open":23690.5,"High":23767.25,"Low":23392.15},{"upd_Date":"2024-05-31T00:00:00","price":23419.6,"volume":148925142,"Open":23613.4,"High":23733.65,"Low":23314.05}]
[{"XCHNG":"NSE","Upd_Time":"2024-05-31T00:00:00","open_Price":23613.4,"High_Price":23733.65,"Low_Price":23314.05,"Price":23419.6,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":23471,"PriceDiff":-51.400000000001455,"change":-0.21899365174045185,"Net_TrdQty":0,"HI_52_WK":24038.6,"LO_52_WK":14107.7,"H52DATE":"2024-05-24T00:00:00","L52DATE":"2023-05-31T00:00:00","sc_group":null,"CompLname":"Nifty Auto","Sc_code":null,"ListInfo":"listed","B52HighAdj":24038.6,"b52LowAdj":14107.7,"isin":null,"symbol":"CNXAUTO "}]
{"buy_point":[{"en_ltd":"2024-05-09","en_sup_p_91":"22623.53","en_sup_t_91":"22339.49","prev_close":"22458.65","en_close":"22633.30","new_date":"May 9","prev_close_no":22458},{"en_ltd":"2024-04-22","en_sup_p_91":"21748.46","en_sup_t_91":"21409.00","prev_close":"21609.70","en_close":"21812.70","new_date":"Apr 22","prev_close_no":21609}],"sell_point":[{"en_ltd":"2024-05-30","en_sup_p_91":"23517.46","en_sup_t_91":"23925.17","prev_close":"23757.95","en_close":"23471.00","new_date":"May 30","prev_close_no":23757},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526}]}
NIFTY AUTO Outlook for the Week (May 27, 2024 – May 31, 2024)

Technically, NIFTY AUTO share price will see immediate support at 23,382.73 and immediate resistance would be seen at 24,219.38.
If NIFTY AUTO share price closes below immediate support of 23,382.73, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 22,874.02 for the week.
On the positive side, immediate resistance will be seen at 24,219.38. Closing above 24,219.38, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 24,547.32 for the week.
Trading range for NIFTY AUTO share price for this week should be between 22,546.08 on down side and 25,056.03 on up side.
NIFTY AUTO Previous Week High: 24038.6
NIFTY AUTO Previous Week Low: 23201.95
NIFTY AUTO Previous Week Range: 836.65 Points
NIFTY AUTO share price support and resistance for the week (May 27, 2024 – May 31, 2024)
Level Type | Value |
---|---|
Resistance 3 | 25,056.03 |
Resistance 2 | 24,547.32 |
Resistance 1 | 24,219.38 |
Support 1 | 23,382.73 |
Support 2 | 22,874.02 |
Support 3 | 22,546.08 |
[{"upd_Date":"2024-04-10T00:00:00","price":21985.15,"volume":59631715,"Open":22081.45,"High":22148.85,"Low":21920.8},{"upd_Date":"2024-04-12T00:00:00","price":21851.3,"volume":86183679,"Open":21985.8,"High":22076.2,"Low":21834.45},{"upd_Date":"2024-04-15T00:00:00","price":21680.3,"volume":95235956,"Open":21623.6,"High":21818.85,"Low":21445},{"upd_Date":"2024-04-16T00:00:00","price":21703.05,"volume":136279607,"Open":21536.9,"High":21845.1,"Low":21480.75},{"upd_Date":"2024-04-18T00:00:00","price":21520.75,"volume":141966235,"Open":21790.75,"High":21948.5,"Low":21459.05},{"upd_Date":"2024-04-19T00:00:00","price":21609.7,"volume":75732478,"Open":21483.3,"High":21637.1,"Low":21144.75},{"upd_Date":"2024-04-22T00:00:00","price":21812.7,"volume":89846941,"Open":21846.05,"High":21854.2,"Low":21653.75},{"upd_Date":"2024-04-23T00:00:00","price":21914.3,"volume":52535836,"Open":21897.95,"High":22006.25,"Low":21806.15},{"upd_Date":"2024-04-24T00:00:00","price":21896.9,"volume":44998054,"Open":21963.8,"High":22023.4,"Low":21869.25},{"upd_Date":"2024-04-25T00:00:00","price":22174.05,"volume":56375730,"Open":21938.4,"High":22221.6,"Low":21852.95},{"upd_Date":"2024-04-26T00:00:00","price":22111.55,"volume":117135987,"Open":22219.3,"High":22286.55,"Low":22081.1},{"upd_Date":"2024-04-29T00:00:00","price":22078.75,"volume":46229810,"Open":22192.4,"High":22259.65,"Low":21990.9},{"upd_Date":"2024-04-30T00:00:00","price":22479.9,"volume":111469241,"Open":22184.8,"High":22634.05,"Low":22181.1},{"upd_Date":"2024-05-02T00:00:00","price":22733.5,"volume":94917746,"Open":22613.95,"High":22776.9,"Low":22478.15},{"upd_Date":"2024-05-03T00:00:00","price":22541.35,"volume":64074990,"Open":22870.55,"High":22870.55,"Low":22342.6},{"upd_Date":"2024-05-06T00:00:00","price":22526.6,"volume":44441800,"Open":22622.6,"High":22654.9,"Low":22394.35},{"upd_Date":"2024-05-07T00:00:00","price":22114,"volume":50868947,"Open":22582.35,"High":22595.9,"Low":21996.65},{"upd_Date":"2024-05-08T00:00:00","price":22458.65,"volume":56587153,"Open":22102.95,"High":22512.55,"Low":21959.3},{"upd_Date":"2024-05-09T00:00:00","price":22633.3,"volume":77164650,"Open":22501.9,"High":22994.55,"Low":22492.6},{"upd_Date":"2024-05-10T00:00:00","price":22846.9,"volume":55658167,"Open":22725.35,"High":22898.3,"Low":22672.3},{"upd_Date":"2024-05-13T00:00:00","price":22462.65,"volume":114099966,"Open":22725,"High":22731,"Low":22127.9},{"upd_Date":"2024-05-14T00:00:00","price":22874.8,"volume":59753593,"Open":22476.8,"High":22894.7,"Low":22435.7},{"upd_Date":"2024-05-15T00:00:00","price":22759.85,"volume":62856706,"Open":22930.6,"High":22946.05,"Low":22681},{"upd_Date":"2024-05-16T00:00:00","price":22886.85,"volume":94641681,"Open":22892.1,"High":22943.8,"Low":22448.55},{"upd_Date":"2024-05-17T00:00:00","price":23285.65,"volume":63939943,"Open":23045.65,"High":23386.95,"Low":23039.4},{"upd_Date":"2024-05-18T00:00:00","price":23339.3,"volume":8651870,"Open":23389.65,"High":23400.05,"Low":23305.35},{"upd_Date":"2024-05-21T00:00:00","price":23353.75,"volume":65431436,"Open":23322.95,"High":23422.05,"Low":23215.45},{"upd_Date":"2024-05-22T00:00:00","price":23324.1,"volume":64571530,"Open":23380.9,"High":23400.25,"Low":23201.95},{"upd_Date":"2024-05-23T00:00:00","price":23849.25,"volume":68097502,"Open":23368.55,"High":23874.75,"Low":23252.2},{"upd_Date":"2024-05-24T00:00:00","price":23891.45,"volume":112344954,"Open":23774.15,"High":24038.6,"Low":23692.15}]
[{"XCHNG":"NSE","Upd_Time":"2024-05-24T00:00:00","open_Price":23774.15,"High_Price":24038.6,"Low_Price":23692.15,"Price":23891.45,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":23849.25,"PriceDiff":42.20000000000073,"change":0.17694476765517042,"Net_TrdQty":0,"HI_52_WK":24038.6,"LO_52_WK":13916.25,"H52DATE":"2024-05-24T00:00:00","L52DATE":"2023-05-24T00:00:00","sc_group":null,"CompLname":"Nifty Auto","Sc_code":null,"ListInfo":"listed","B52HighAdj":23874.75,"b52LowAdj":13916.25,"isin":null,"symbol":"CNXAUTO "}]
{"buy_point":[{"en_ltd":"2024-05-09","en_sup_p_91":"22623.53","en_sup_t_91":"22339.49","prev_close":"22458.65","en_close":"22633.30","new_date":"May 9","prev_close_no":22458},{"en_ltd":"2024-04-22","en_sup_p_91":"21748.46","en_sup_t_91":"21409.00","prev_close":"21609.70","en_close":"21812.70","new_date":"Apr 22","prev_close_no":21609}],"sell_point":[{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-04-15","en_sup_p_91":"21755.65","en_sup_t_91":"21948.74","prev_close":"21851.30","en_close":"21680.30","new_date":"Apr 15","prev_close_no":21851}]}
NIFTY AUTO Outlook for the Week (May 20, 2024 – May 24, 2024)

Technically, NIFTY AUTO share price will see immediate support at 22,480.05 and immediate resistance would be seen at 23,739.10.
If NIFTY AUTO share price closes below immediate support of 22,480.05, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 21,674.45 for the week.
On the positive side, immediate resistance will be seen at 23,739.10. Closing above 23,739.10, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 24,192.55 for the week.
Trading range for NIFTY AUTO share price for this week should be between 21,221.00 on down side and 24,998.15 on up side.
NIFTY AUTO Previous Week High: 23386.95
NIFTY AUTO Previous Week Low: 22127.9
NIFTY AUTO Previous Week Range: 1259.05 Points
NIFTY AUTO share price support and resistance for the week (May 20, 2024 – May 24, 2024)
Level Type | Value |
---|---|
Resistance 3 | 24,998.15 |
Resistance 2 | 24,192.55 |
Resistance 1 | 23,739.10 |
Support 1 | 22,480.05 |
Support 2 | 21,674.45 |
Support 3 | 21,221.00 |
[{"upd_Date":"2024-04-03T00:00:00","price":21555.35,"volume":42393577,"Open":21555.65,"High":21629.55,"Low":21446.75},{"upd_Date":"2024-04-04T00:00:00","price":21651.85,"volume":52824083,"Open":21672.7,"High":21719,"Low":21404.85},{"upd_Date":"2024-04-05T00:00:00","price":21600.9,"volume":40178700,"Open":21597.85,"High":21651.35,"Low":21539.25},{"upd_Date":"2024-04-08T00:00:00","price":22067.95,"volume":122797698,"Open":21662.15,"High":22102.05,"Low":21642.9},{"upd_Date":"2024-04-09T00:00:00","price":21999.35,"volume":92144171,"Open":22185.8,"High":22238.25,"Low":21921.65},{"upd_Date":"2024-04-10T00:00:00","price":21985.15,"volume":59631715,"Open":22081.45,"High":22148.85,"Low":21920.8},{"upd_Date":"2024-04-12T00:00:00","price":21851.3,"volume":86183679,"Open":21985.8,"High":22076.2,"Low":21834.45},{"upd_Date":"2024-04-15T00:00:00","price":21680.3,"volume":95235956,"Open":21623.6,"High":21818.85,"Low":21445},{"upd_Date":"2024-04-16T00:00:00","price":21703.05,"volume":136279607,"Open":21536.9,"High":21845.1,"Low":21480.75},{"upd_Date":"2024-04-18T00:00:00","price":21520.75,"volume":141966235,"Open":21790.75,"High":21948.5,"Low":21459.05},{"upd_Date":"2024-04-19T00:00:00","price":21609.7,"volume":75732478,"Open":21483.3,"High":21637.1,"Low":21144.75},{"upd_Date":"2024-04-22T00:00:00","price":21812.7,"volume":89846941,"Open":21846.05,"High":21854.2,"Low":21653.75},{"upd_Date":"2024-04-23T00:00:00","price":21914.3,"volume":52535836,"Open":21897.95,"High":22006.25,"Low":21806.15},{"upd_Date":"2024-04-24T00:00:00","price":21896.9,"volume":44998054,"Open":21963.8,"High":22023.4,"Low":21869.25},{"upd_Date":"2024-04-25T00:00:00","price":22174.05,"volume":56375730,"Open":21938.4,"High":22221.6,"Low":21852.95},{"upd_Date":"2024-04-26T00:00:00","price":22111.55,"volume":117135987,"Open":22219.3,"High":22286.55,"Low":22081.1},{"upd_Date":"2024-04-29T00:00:00","price":22078.75,"volume":46229810,"Open":22192.4,"High":22259.65,"Low":21990.9},{"upd_Date":"2024-04-30T00:00:00","price":22479.9,"volume":111469241,"Open":22184.8,"High":22634.05,"Low":22181.1},{"upd_Date":"2024-05-02T00:00:00","price":22733.5,"volume":94917746,"Open":22613.95,"High":22776.9,"Low":22478.15},{"upd_Date":"2024-05-03T00:00:00","price":22541.35,"volume":64074990,"Open":22870.55,"High":22870.55,"Low":22342.6},{"upd_Date":"2024-05-06T00:00:00","price":22526.6,"volume":44441800,"Open":22622.6,"High":22654.9,"Low":22394.35},{"upd_Date":"2024-05-07T00:00:00","price":22114,"volume":50868947,"Open":22582.35,"High":22595.9,"Low":21996.65},{"upd_Date":"2024-05-08T00:00:00","price":22458.65,"volume":56587153,"Open":22102.95,"High":22512.55,"Low":21959.3},{"upd_Date":"2024-05-09T00:00:00","price":22633.3,"volume":77164650,"Open":22501.9,"High":22994.55,"Low":22492.6},{"upd_Date":"2024-05-10T00:00:00","price":22846.9,"volume":55658167,"Open":22725.35,"High":22898.3,"Low":22672.3},{"upd_Date":"2024-05-13T00:00:00","price":22462.65,"volume":114099966,"Open":22725,"High":22731,"Low":22127.9},{"upd_Date":"2024-05-14T00:00:00","price":22874.8,"volume":59753593,"Open":22476.8,"High":22894.7,"Low":22435.7},{"upd_Date":"2024-05-15T00:00:00","price":22759.85,"volume":62856706,"Open":22930.6,"High":22946.05,"Low":22681},{"upd_Date":"2024-05-16T00:00:00","price":22886.85,"volume":94641681,"Open":22892.1,"High":22943.8,"Low":22448.55},{"upd_Date":"2024-05-17T00:00:00","price":23285.65,"volume":63939943,"Open":23045.65,"High":23386.95,"Low":23039.4}]
[{"XCHNG":"NSE","Upd_Time":"2024-05-17T00:00:00","open_Price":23045.65,"High_Price":23386.95,"Low_Price":23039.4,"Price":23285.65,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":22886.85,"PriceDiff":398.8000000000029,"change":1.7424853136189689,"Net_TrdQty":0,"HI_52_WK":23386.95,"LO_52_WK":13647.6,"H52DATE":"2024-05-17T00:00:00","L52DATE":"2023-05-19T00:00:00","sc_group":null,"CompLname":"Nifty Auto","Sc_code":null,"ListInfo":"listed","B52HighAdj":22994.55,"b52LowAdj":13647.6,"isin":null,"symbol":"CNXAUTO "}]
{"buy_point":[{"en_ltd":"2024-05-09","en_sup_p_91":"22623.53","en_sup_t_91":"22339.49","prev_close":"22458.65","en_close":"22633.30","new_date":"May 9","prev_close_no":22458},{"en_ltd":"2024-04-22","en_sup_p_91":"21748.46","en_sup_t_91":"21409.00","prev_close":"21609.70","en_close":"21812.70","new_date":"Apr 22","prev_close_no":21609}],"sell_point":[{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-04-15","en_sup_p_91":"21755.65","en_sup_t_91":"21948.74","prev_close":"21851.30","en_close":"21680.30","new_date":"Apr 15","prev_close_no":21851}]}
NIFTY AUTO Outlook for the Week (May 13, 2024 – May 17, 2024)

Technically, NIFTY AUTO share price will see immediate support at 22,205.95 and immediate resistance would be seen at 23,241.20.
If NIFTY AUTO share price closes below immediate support of 22,205.95, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 21,565.00 for the week.
On the positive side, immediate resistance will be seen at 23,241.20. Closing above 23,241.20, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 23,635.50 for the week.
Trading range for NIFTY AUTO share price for this week should be between 21,170.70 on down side and 24,276.45 on up side.
NIFTY AUTO Previous Week High: 22994.55
NIFTY AUTO Previous Week Low: 21959.3
NIFTY AUTO Previous Week Range: 1035.25 Points
NIFTY AUTO share price support and resistance for the week (May 13, 2024 – May 17, 2024)
Level Type | Value |
---|---|
Resistance 3 | 24,276.45 |
Resistance 2 | 23,635.50 |
Resistance 1 | 23,241.20 |
Support 1 | 22,205.95 |
Support 2 | 21,565.00 |
Support 3 | 21,170.70 |
[{"upd_Date":"2024-03-26T00:00:00","price":21038.3,"volume":50917608,"Open":21018.5,"High":21177.95,"Low":20974.75},{"upd_Date":"2024-03-27T00:00:00","price":21146.2,"volume":41299749,"Open":21118.4,"High":21324.75,"Low":21088.7},{"upd_Date":"2024-03-28T00:00:00","price":21419.1,"volume":53397534,"Open":21222.5,"High":21607.8,"Low":21085.85},{"upd_Date":"2024-04-01T00:00:00","price":21385.25,"volume":51272976,"Open":21546.95,"High":21630.55,"Low":21338.65},{"upd_Date":"2024-04-02T00:00:00","price":21614.25,"volume":74513298,"Open":21494.2,"High":21641.2,"Low":21373.2},{"upd_Date":"2024-04-03T00:00:00","price":21555.35,"volume":42393577,"Open":21555.65,"High":21629.55,"Low":21446.75},{"upd_Date":"2024-04-04T00:00:00","price":21651.85,"volume":52824083,"Open":21672.7,"High":21719,"Low":21404.85},{"upd_Date":"2024-04-05T00:00:00","price":21600.9,"volume":40178700,"Open":21597.85,"High":21651.35,"Low":21539.25},{"upd_Date":"2024-04-08T00:00:00","price":22067.95,"volume":122797698,"Open":21662.15,"High":22102.05,"Low":21642.9},{"upd_Date":"2024-04-09T00:00:00","price":21999.35,"volume":92144171,"Open":22185.8,"High":22238.25,"Low":21921.65},{"upd_Date":"2024-04-10T00:00:00","price":21985.15,"volume":59631715,"Open":22081.45,"High":22148.85,"Low":21920.8},{"upd_Date":"2024-04-12T00:00:00","price":21851.3,"volume":86183679,"Open":21985.8,"High":22076.2,"Low":21834.45},{"upd_Date":"2024-04-15T00:00:00","price":21680.3,"volume":95235956,"Open":21623.6,"High":21818.85,"Low":21445},{"upd_Date":"2024-04-16T00:00:00","price":21703.05,"volume":136279607,"Open":21536.9,"High":21845.1,"Low":21480.75},{"upd_Date":"2024-04-18T00:00:00","price":21520.75,"volume":141966235,"Open":21790.75,"High":21948.5,"Low":21459.05},{"upd_Date":"2024-04-19T00:00:00","price":21609.7,"volume":75732478,"Open":21483.3,"High":21637.1,"Low":21144.75},{"upd_Date":"2024-04-22T00:00:00","price":21812.7,"volume":89846941,"Open":21846.05,"High":21854.2,"Low":21653.75},{"upd_Date":"2024-04-23T00:00:00","price":21914.3,"volume":52535836,"Open":21897.95,"High":22006.25,"Low":21806.15},{"upd_Date":"2024-04-24T00:00:00","price":21896.9,"volume":44998054,"Open":21963.8,"High":22023.4,"Low":21869.25},{"upd_Date":"2024-04-25T00:00:00","price":22174.05,"volume":56375730,"Open":21938.4,"High":22221.6,"Low":21852.95},{"upd_Date":"2024-04-26T00:00:00","price":22111.55,"volume":117135987,"Open":22219.3,"High":22286.55,"Low":22081.1},{"upd_Date":"2024-04-29T00:00:00","price":22078.75,"volume":46229810,"Open":22192.4,"High":22259.65,"Low":21990.9},{"upd_Date":"2024-04-30T00:00:00","price":22479.9,"volume":111469241,"Open":22184.8,"High":22634.05,"Low":22181.1},{"upd_Date":"2024-05-02T00:00:00","price":22733.5,"volume":94917746,"Open":22613.95,"High":22776.9,"Low":22478.15},{"upd_Date":"2024-05-03T00:00:00","price":22541.35,"volume":64074990,"Open":22870.55,"High":22870.55,"Low":22342.6},{"upd_Date":"2024-05-06T00:00:00","price":22526.6,"volume":44441800,"Open":22622.6,"High":22654.9,"Low":22394.35},{"upd_Date":"2024-05-07T00:00:00","price":22114,"volume":50868947,"Open":22582.35,"High":22595.9,"Low":21996.65},{"upd_Date":"2024-05-08T00:00:00","price":22458.65,"volume":56587153,"Open":22102.95,"High":22512.55,"Low":21959.3},{"upd_Date":"2024-05-09T00:00:00","price":22633.3,"volume":77164650,"Open":22501.9,"High":22994.55,"Low":22492.6},{"upd_Date":"2024-05-10T00:00:00","price":22846.9,"volume":55658167,"Open":22725.35,"High":22898.3,"Low":22672.3}]
[{"XCHNG":"NSE","Upd_Time":"2024-05-10T00:00:00","open_Price":22725.35,"High_Price":22898.3,"Low_Price":22672.3,"Price":22846.9,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":22633.3,"PriceDiff":213.60000000000218,"change":0.9437421851873221,"Net_TrdQty":0,"HI_52_WK":22994.55,"LO_52_WK":13626.65,"H52DATE":"2024-05-09T00:00:00","L52DATE":"2023-05-10T00:00:00","sc_group":null,"CompLname":"Nifty Auto","Sc_code":"512457","ListInfo":"listed","B52HighAdj":22994.55,"b52LowAdj":13626.65,"isin":null,"symbol":"CNXAUTO"}]
{"buy_point":[{"en_ltd":"2024-05-09","en_sup_p_91":"22623.53","en_sup_t_91":"22339.49","prev_close":"22458.65","en_close":"22633.30","new_date":"May 9","prev_close_no":22458},{"en_ltd":"2024-04-22","en_sup_p_91":"21748.46","en_sup_t_91":"21409.00","prev_close":"21609.70","en_close":"21812.70","new_date":"Apr 22","prev_close_no":21609}],"sell_point":[{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-05-07","en_sup_p_91":"22302.56","en_sup_t_91":"22663.18","prev_close":"22526.60","en_close":"22114.00","new_date":"May 7","prev_close_no":22526},{"en_ltd":"2024-04-15","en_sup_p_91":"21755.65","en_sup_t_91":"21948.74","prev_close":"21851.30","en_close":"21680.30","new_date":"Apr 15","prev_close_no":21851}]}
NIFTY AUTO Outlook for the Week (May 06, 2024 – May 10, 2024)

Technically, NIFTY AUTO share price will see immediate support at 22,064.65 and immediate resistance would be seen at 22,944.30.
If NIFTY AUTO share price closes below immediate support of 22,064.65, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 21,587.95 for the week.
On the positive side, immediate resistance will be seen at 22,944.30. Closing above 22,944.30, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 23,347.25 for the week.
Trading range for NIFTY AUTO share price for this week should be between 21,185.00 on down side and 23,823.95 on up side.
NIFTY AUTO Previous Week High: 22870.55
NIFTY AUTO Previous Week Low: 21990.9
NIFTY AUTO Previous Week Range: 879.65 Points
NIFTY AUTO share price support and resistance for the week (May 06, 2024 – May 10, 2024)
Level Type | Value |
---|---|
Resistance 3 | 23,823.95 |
Resistance 2 | 23,347.25 |
Resistance 1 | 22,944.30 |
Support 1 | 22,064.65 |
Support 2 | 21,587.95 |
Support 3 | 21,185.00 |
[{"upd_Date":"2024-03-18T00:00:00","price":20446.6,"volume":47737677,"Open":20189.85,"High":20462.7,"Low":20102.9},{"upd_Date":"2024-03-19T00:00:00","price":20354.1,"volume":45785519,"Open":20398.45,"High":20449.8,"Low":20258.1},{"upd_Date":"2024-03-20T00:00:00","price":20406.45,"volume":45661764,"Open":20438.45,"High":20618.1,"Low":20263.9},{"upd_Date":"2024-03-21T00:00:00","price":20700.25,"volume":61033869,"Open":20541.75,"High":20750.4,"Low":20472.6},{"upd_Date":"2024-03-22T00:00:00","price":21046.4,"volume":52410949,"Open":20706.4,"High":21177.4,"Low":20622.8},{"upd_Date":"2024-03-26T00:00:00","price":21038.3,"volume":50917608,"Open":21018.5,"High":21177.95,"Low":20974.75},{"upd_Date":"2024-03-27T00:00:00","price":21146.2,"volume":41299749,"Open":21118.4,"High":21324.75,"Low":21088.7},{"upd_Date":"2024-03-28T00:00:00","price":21419.1,"volume":53397534,"Open":21222.5,"High":21607.8,"Low":21085.85},{"upd_Date":"2024-04-01T00:00:00","price":21385.25,"volume":51272976,"Open":21546.95,"High":21630.55,"Low":21338.65},{"upd_Date":"2024-04-02T00:00:00","price":21614.25,"volume":74513298,"Open":21494.2,"High":21641.2,"Low":21373.2},{"upd_Date":"2024-04-03T00:00:00","price":21555.35,"volume":42393577,"Open":21555.65,"High":21629.55,"Low":21446.75},{"upd_Date":"2024-04-04T00:00:00","price":21651.85,"volume":52824083,"Open":21672.7,"High":21719,"Low":21404.85},{"upd_Date":"2024-04-05T00:00:00","price":21600.9,"volume":40178700,"Open":21597.85,"High":21651.35,"Low":21539.25},{"upd_Date":"2024-04-08T00:00:00","price":22067.95,"volume":122797698,"Open":21662.15,"High":22102.05,"Low":21642.9},{"upd_Date":"2024-04-09T00:00:00","price":21999.35,"volume":92144171,"Open":22185.8,"High":22238.25,"Low":21921.65},{"upd_Date":"2024-04-10T00:00:00","price":21985.15,"volume":59631715,"Open":22081.45,"High":22148.85,"Low":21920.8},{"upd_Date":"2024-04-12T00:00:00","price":21851.3,"volume":86183679,"Open":21985.8,"High":22076.2,"Low":21834.45},{"upd_Date":"2024-04-15T00:00:00","price":21680.3,"volume":95235956,"Open":21623.6,"High":21818.85,"Low":21445},{"upd_Date":"2024-04-16T00:00:00","price":21703.05,"volume":136279607,"Open":21536.9,"High":21845.1,"Low":21480.75},{"upd_Date":"2024-04-18T00:00:00","price":21520.75,"volume":141966235,"Open":21790.75,"High":21948.5,"Low":21459.05},{"upd_Date":"2024-04-19T00:00:00","price":21609.7,"volume":75732478,"Open":21483.3,"High":21637.1,"Low":21144.75},{"upd_Date":"2024-04-22T00:00:00","price":21812.7,"volume":89846941,"Open":21846.05,"High":21854.2,"Low":21653.75},{"upd_Date":"2024-04-23T00:00:00","price":21914.3,"volume":52535836,"Open":21897.95,"High":22006.25,"Low":21806.15},{"upd_Date":"2024-04-24T00:00:00","price":21896.9,"volume":44998054,"Open":21963.8,"High":22023.4,"Low":21869.25},{"upd_Date":"2024-04-25T00:00:00","price":22174.05,"volume":56375730,"Open":21938.4,"High":22221.6,"Low":21852.95},{"upd_Date":"2024-04-26T00:00:00","price":22111.55,"volume":117135987,"Open":22219.3,"High":22286.55,"Low":22081.1},{"upd_Date":"2024-04-29T00:00:00","price":22078.75,"volume":46229810,"Open":22192.4,"High":22259.65,"Low":21990.9},{"upd_Date":"2024-04-30T00:00:00","price":22479.9,"volume":111469241,"Open":22184.8,"High":22634.05,"Low":22181.1},{"upd_Date":"2024-05-02T00:00:00","price":22733.5,"volume":94917746,"Open":22613.95,"High":22776.9,"Low":22478.15},{"upd_Date":"2024-05-03T00:00:00","price":22541.35,"volume":64074990,"Open":22870.55,"High":22870.55,"Low":22342.6}]
[{"XCHNG":"NSE","Upd_Time":"2024-05-03T00:00:00","open_Price":22870.55,"High_Price":22870.55,"Low_Price":22342.6,"Price":22541.35,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":22733.5,"PriceDiff":-192.15000000000146,"change":-0.8452284074163744,"Net_TrdQty":0,"HI_52_WK":22870.55,"LO_52_WK":13215.95,"H52DATE":"2024-05-03T00:00:00","L52DATE":"2023-05-03T00:00:00","sc_group":null,"CompLname":"Nifty Auto","Sc_code":"512457","ListInfo":"listed","B52HighAdj":22776.9,"b52LowAdj":13215.95,"isin":null,"symbol":"CNXAUTO"}]
{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"21748.46","en_sup_t_91":"21409.00","prev_close":"21609.70","en_close":"21812.70","new_date":"Apr 22","prev_close_no":21609},{"en_ltd":"2024-03-21","en_sup_p_91":"20650.82","en_sup_t_91":"20263.00","prev_close":"20406.45","en_close":"20700.25","new_date":"Mar 21","prev_close_no":20406}],"sell_point":[{"en_ltd":"2024-04-15","en_sup_p_91":"21755.65","en_sup_t_91":"21948.74","prev_close":"21851.30","en_close":"21680.30","new_date":"Apr 15","prev_close_no":21851}]}