Technically, NIFTY IT share price will see immediate support at 32,027.77 and immediate resistance would be seen at 32,949.72.
If NIFTY IT share price closes below immediate support of 32,027.77, then sharp breakdown can be seen. NIFTY IT share price will see major support at 31,456.83 for the week.
On the positive side, immediate resistance will be seen at 32,949.72. Closing above 32,949.72, NIFTY IT share price will see a sharp breakout. Major resistance for NIFTY IT share price will be seen at 33,300.73 for the week.
Trading range for NIFTY IT share price for this week should be between 31,105.82 on down side and 33,871.67 on up side.
NIFTY IT Previous Week High: 32729.8
NIFTY IT Previous Week Low: 31807.85
NIFTY IT Previous Week Range: 921.95 Points
NIFTY IT share price support and resistance for the week (December 04, 2023 – December 08, 2023)
Level Type | Value |
---|---|
Resistance 3 | 33,871.67 |
Resistance 2 | 33,300.73 |
Resistance 1 | 32,949.72 |
Support 1 | 32,027.77 |
Support 2 | 31,456.83 |
Support 3 | 31,105.82 |
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