NIFTY MIDCAP 100 closed the previous week on a negative note losing 1.67%.
Technically, NIFTY MIDCAP 100 share price will see immediate support at 49,677.73 and immediate resistance would be seen at 50,523.78.
If NIFTY MIDCAP 100 share price closes below immediate support of 49,677.73, then sharp breakdown can be seen. NIFTY MIDCAP 100 share price will see major support at 49,287.92 for the week.
On the positive side, immediate resistance will be seen at 50,523.78. Closing above 50,523.78, NIFTY MIDCAP 100 share price will see a sharp breakout. Major resistance for NIFTY MIDCAP 100 share price will be seen at 50,980.02 for the week.
Trading range for NIFTY MIDCAP 100 share price for this week should be between 48,831.68 on down side and 51,369.83 on up side.
NIFTY MIDCAP 100 Previous Week High: 50590.2
NIFTY MIDCAP 100 Previous Week Low: 49744.15
NIFTY MIDCAP 100 Previous Week Range: 846.05 Points
NIFTY MIDCAP 100 share price support and resistance for the week (April 15, 2024 – April 19, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 51,369.83 |
| Resistance 2 | 50,980.02 |
| Resistance 1 | 50,523.78 |
| Support 1 | 49,677.73 |
| Support 2 | 49,287.92 |
| Support 3 | 48,831.68 |
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