NIFTY INFRASTRUCTURE closed the previous week on a negative note losing 5.55%.
Technically, NIFTY INFRASTRUCTURE share price will see immediate support at 8,306.60 and immediate resistance would be seen at 8,786.00.
If NIFTY INFRASTRUCTURE share price closes below immediate support of 8,306.60, then sharp breakdown can be seen. NIFTY INFRASTRUCTURE share price will see major support at 7,989.65 for the week.
On the positive side, immediate resistance will be seen at 8,786.00. Closing above 8,786.00, NIFTY INFRASTRUCTURE share price will see a sharp breakout. Major resistance for NIFTY INFRASTRUCTURE share price will be seen at 8,948.45 for the week.
Trading range for NIFTY INFRASTRUCTURE share price for this week should be between 7,827.20 on down side and 9,265.40 on up side.
NIFTY INFRASTRUCTURE Previous Week High: 8631.5
NIFTY INFRASTRUCTURE Previous Week Low: 8152.1
NIFTY INFRASTRUCTURE Previous Week Range: 479.4 Points
NIFTY INFRASTRUCTURE share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 9,265.40 |
| Resistance 2 | 8,948.45 |
| Resistance 1 | 8,786.00 |
| Support 1 | 8,306.60 |
| Support 2 | 7,989.65 |
| Support 3 | 7,827.20 |
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