NIFTY AUTO closed the previous week on a negative note losing 3.66%.
Technically, NIFTY AUTO share price will see immediate support at 21,186.80 and immediate resistance would be seen at 21,990.55.
If NIFTY AUTO share price closes below immediate support of 21,186.80, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 20,763.90 for the week.
On the positive side, immediate resistance will be seen at 21,990.55. Closing above 21,990.55, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 22,371.40 for the week.
Trading range for NIFTY AUTO share price for this week should be between 20,383.05 on down side and 22,794.30 on up side.
NIFTY AUTO Previous Week High: 21948.5
NIFTY AUTO Previous Week Low: 21144.75
NIFTY AUTO Previous Week Range: 803.75 Points
NIFTY AUTO share price support and resistance for the week (April 22, 2024 – April 26, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 22,794.30 |
| Resistance 2 | 22,371.40 |
| Resistance 1 | 21,990.55 |
| Support 1 | 21,186.80 |
| Support 2 | 20,763.90 |
| Support 3 | 20,383.05 |
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