Download Unicorn Signals App

By EquityPandit

INDEX OUTLOOKMARKET OUTLOOKNIFTY

NIFTY 50 Outlook for the Week (January 29, 2024 – February 02, 2024)

NIFTY 50
NIFTY 50
NIFTY 50 closed the previous week on a negative note losing 2.82%.

Technically, NIFTY 50 share price will see immediate support at 21,076.45 and immediate resistance would be seen at 21,689.50.

If NIFTY 50 share price closes below immediate support of 21,076.45, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 20,800.30 for the week.

22200.0022200.0022000.0022000.0021800.0021800.0021600.0021600.0021400.0021400.0021200.0021200.0021000.0021000.0020800.0020800.00Dec 14Dec 14Dec 19Dec 19Dec 22Dec 22Dec 28Dec 28Jan 2Jan 2Jan 5Jan 5Jan 10Jan 10Jan 15Jan 15Jan 18Jan 18Jan 23Jan 23Reversal Level 21580.34BuyBuySellSellSell

On the positive side, immediate resistance will be seen at 21,689.50. Closing above 21,689.50, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,026.40 for the week.

Trading range for NIFTY 50 share price for this week should be between 20,463.40 on down side and 22,302.55 on up side.

NIFTY 50 Previous Week High: 21750.25

NIFTY 50 Previous Week Low: 21137.2

NIFTY 50 Previous Week Range: 613.05 Points

NIFTY 50 share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 22,302.55
Resistance 2 22,026.40
Resistance 1 21,689.50
Support 1 21,076.45
Support 2 20,800.30
Support 3 20,463.40
.d-none{display:none};
[{"upd_Date":"2023-12-14T00:00:00","price":21182.7,"volume":334410589,"Open":21110.4,"High":21210.9,"Low":21074.45},{"upd_Date":"2023-12-15T00:00:00","price":21456.65,"volume":508761756,"Open":21287.45,"High":21492.3,"Low":21235.3},{"upd_Date":"2023-12-18T00:00:00","price":21418.65,"volume":249668965,"Open":21434.8,"High":21482.8,"Low":21365.35},{"upd_Date":"2023-12-19T00:00:00","price":21453.1,"volume":249750062,"Open":21477.65,"High":21505.05,"Low":21337.75},{"upd_Date":"2023-12-20T00:00:00","price":21150.15,"volume":363886229,"Open":21543.5,"High":21593,"Low":21087.35},{"upd_Date":"2023-12-21T00:00:00","price":21255.05,"volume":277548079,"Open":21033.95,"High":21288.35,"Low":20976.8},{"upd_Date":"2023-12-22T00:00:00","price":21349.4,"volume":284708918,"Open":21295.85,"High":21390.5,"Low":21232.45},{"upd_Date":"2023-12-26T00:00:00","price":21441.35,"volume":219467748,"Open":21365.2,"High":21477.15,"Low":21329.45},{"upd_Date":"2023-12-27T00:00:00","price":21654.75,"volume":256542963,"Open":21497.65,"High":21675.75,"Low":21495.8},{"upd_Date":"2023-12-28T00:00:00","price":21778.7,"volume":393080755,"Open":21715,"High":21801.45,"Low":21678},{"upd_Date":"2023-12-29T00:00:00","price":21731.4,"volume":270922276,"Open":21737.65,"High":21770.3,"Low":21676.9},{"upd_Date":"2024-01-01T00:00:00","price":21741.9,"volume":153995217,"Open":21727.75,"High":21834.35,"Low":21680.85},{"upd_Date":"2024-01-02T00:00:00","price":21665.8,"volume":263711568,"Open":21751.35,"High":21755.6,"Low":21555.65},{"upd_Date":"2024-01-03T00:00:00","price":21517.35,"volume":311933117,"Open":21661.1,"High":21677,"Low":21500.35},{"upd_Date":"2024-01-04T00:00:00","price":21658.6,"volume":339172697,"Open":21605.8,"High":21685.65,"Low":21564.55},{"upd_Date":"2024-01-05T00:00:00","price":21710.8,"volume":309303266,"Open":21705.75,"High":21749.6,"Low":21629.2},{"upd_Date":"2024-01-08T00:00:00","price":21513,"volume":231452935,"Open":21747.6,"High":21763.95,"Low":21492.9},{"upd_Date":"2024-01-09T00:00:00","price":21544.85,"volume":228568589,"Open":21653.6,"High":21724.45,"Low":21517.85},{"upd_Date":"2024-01-10T00:00:00","price":21618.7,"volume":216991926,"Open":21529.3,"High":21641.85,"Low":21448.65},{"upd_Date":"2024-01-11T00:00:00","price":21647.2,"volume":212453866,"Open":21688,"High":21726.5,"Low":21593.75},{"upd_Date":"2024-01-12T00:00:00","price":21894.55,"volume":294678459,"Open":21773.55,"High":21928.25,"Low":21715.15},{"upd_Date":"2024-01-15T00:00:00","price":22097.45,"volume":345543523,"Open":22053.15,"High":22115.55,"Low":21963.55},{"upd_Date":"2024-01-16T00:00:00","price":22032.3,"volume":292433764,"Open":22080.5,"High":22124.15,"Low":21969.8},{"upd_Date":"2024-01-17T00:00:00","price":21571.95,"volume":455999867,"Open":21647.25,"High":21851.5,"Low":21550.45},{"upd_Date":"2024-01-18T00:00:00","price":21462.25,"volume":387341268,"Open":21414.2,"High":21539.4,"Low":21285.55},{"upd_Date":"2024-01-19T00:00:00","price":21622.4,"volume":343055124,"Open":21615.2,"High":21670.6,"Low":21575},{"upd_Date":"2024-01-20T00:00:00","price":21571.8,"volume":162073740,"Open":21706.15,"High":21720.3,"Low":21541.8},{"upd_Date":"2024-01-23T00:00:00","price":21238.8,"volume":449718534,"Open":21716.7,"High":21750.25,"Low":21192.6},{"upd_Date":"2024-01-24T00:00:00","price":21453.95,"volume":407460664,"Open":21185.25,"High":21482.35,"Low":21137.2},{"upd_Date":"2024-01-25T00:00:00","price":21352.6,"volume":418143077,"Open":21454.6,"High":21459,"Low":21247.05}]
[{"XCHNG":"NSE","Upd_Time":"2024-01-25T00:00:00","open_Price":21454.6,"High_Price":21459,"Low_Price":21247.05,"Price":21352.6,"BBuy_Qty":0,"BBuy_Price":0,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":43401556,"Value":0,"Volume":0,"Oldprice":21453.95,"PriceDiff":-101.35000000000218,"change":-0.47240717909756563,"Net_TrdQty":0,"HI_52_WK":22124.15,"LO_52_WK":16828.35,"H52DATE":"2024-01-16T00:00:00","L52DATE":"2023-03-20T00:00:00","sc_group":null,"CompLname":"Nifty 50","Sc_code":"521335","ListInfo":"listed","B52HighAdj":22124.15,"b52LowAdj":16828.35,"isin":null,"symbol":"NIFTY"}]
{"buy_point":[{"en_ltd":"2024-01-12","en_sup_p_91":"21737.24","en_sup_t_91":"21625.67","prev_close":"21647.20","en_close":"21894.55","new_date":"Jan 12","prev_close_no":21647},{"en_ltd":"2023-12-26","en_sup_p_91":"21357.30","en_sup_t_91":"21193.72","prev_close":"21349.40","en_close":"21441.35","new_date":"Dec 26","prev_close_no":21349}],"sell_point":[{"en_ltd":"2024-01-17","en_sup_p_91":"21853.11","en_sup_t_91":"21926.84","prev_close":"22032.30","en_close":"21571.95","new_date":"Jan 17","prev_close_no":22032},{"en_ltd":"2024-01-03","en_sup_p_91":"21568.48","en_sup_t_91":"21777.48","prev_close":"21665.80","en_close":"21517.35","new_date":"Jan 3","prev_close_no":21665},{"en_ltd":"2023-12-20","en_sup_p_91":"21245.41","en_sup_t_91":"21554.05","prev_close":"21453.10","en_close":"21150.15","new_date":"Dec 20","prev_close_no":21453}]}

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
Latest
IPO
Weekly
Outlook

Stock
Market
Prediction