NIFTY BANK Outlook for the Week (August 07, 2023 - August 11, 2023)

NIFTY BANK closed the previous week on a negative note losing 3.28%.

Technically, NIFTY BANK share price will see immediate support at 44,178.35 and immediate resistance would be seen at 45,681.70.

If NIFTY BANK share price closes below immediate support of 44,178.35, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 43,477.20 for the week.

On the positive side, immediate resistance will be seen at 45,681.70. Closing above 45,681.70, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 46,483.90 for the week.

Trading range for NIFTY BANK share price for this week should be between 42,675.00 on down side and 47,185.05 on up side.

NIFTY BANK Previous Week High: 45782.75

NIFTY BANK Previous Week Low: 44279.4

NIFTY BANK Previous Week Range: 1503.35 Points

NIFTY BANK share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type	Value
Resistance 3	47,185.05
Resistance 2	46,483.90
Resistance 1	45,681.70
Support 1	44,178.35
Support 2	43,477.20
Support 3	42,675.00

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NIFTY BANK Outlook for the Week (August 07, 2023 – August 11, 2023)

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