Signals, Powered By EquityPandit
NIFTY AUTO closed the previous week on a negative note losing 2.45%.
Technically, NIFTY AUTO share price will see immediate support at 20,851.52 and immediate resistance would be seen at 21,375.52.
If NIFTY AUTO share price closes below immediate support of 20,851.52, then sharp breakdown can be seen. NIFTY AUTO share price will see major support at 20,576.23 for the week.
On the positive side, immediate resistance will be seen at 21,375.52. Closing above 21,375.52, NIFTY AUTO share price will see a sharp breakout. Major resistance for NIFTY AUTO share price will be seen at 21,624.23 for the week.
Trading range for NIFTY AUTO share price for this week should be between 20,327.52 on down side and 21,899.52 on up side.
NIFTY AUTO Previous Week High: 21348.95
NIFTY AUTO Previous Week Low: 20824.95
NIFTY AUTO Previous Week Range: 524 Points
NIFTY AUTO share price support and resistance for the week (March 11, 2024 – March 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 21,899.52 |
| Resistance 2 | 21,624.23 |
| Resistance 1 | 21,375.52 |
| Support 1 | 20,851.52 |
| Support 2 | 20,576.23 |
| Support 3 | 20,327.52 |
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