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INDEX OUTLOOKMARKET OUTLOOKNIFTY MIDCAP 100

NIFTY MIDCAP 100 Outlook for the Week (February 05, 2024 – February 09, 2024)

NIFTY MIDCAP 100
NIFTY MIDCAP 100
NIFTY MIDCAP 100 closed the previous week on a negative note losing 3.09%.

Technically, NIFTY MIDCAP 100 share price will see immediate support at 47,579.08 and immediate resistance would be seen at 49,085.63.

If NIFTY MIDCAP 100 share price closes below immediate support of 47,579.08, then sharp breakdown can be seen. NIFTY MIDCAP 100 share price will see major support at 46,681.17 for the week.

49000.0049000.0048000.0048000.0047000.0047000.0046000.0046000.0045000.0045000.0044000.0044000.0043000.0043000.00Dec 21Dec 21Dec 27Dec 27Jan 1Jan 1Jan 4Jan 4Jan 9Jan 9Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Reversal Level 47826.97BuyBuyBuySellSell

On the positive side, immediate resistance will be seen at 49,085.63. Closing above 49,085.63, NIFTY MIDCAP 100 share price will see a sharp breakout. Major resistance for NIFTY MIDCAP 100 share price will be seen at 49,694.27 for the week.

Trading range for NIFTY MIDCAP 100 share price for this week should be between 46,072.53 on down side and 50,592.18 on up side.

NIFTY MIDCAP 100 Previous Week High: 48796.35

NIFTY MIDCAP 100 Previous Week Low: 47289.8

NIFTY MIDCAP 100 Previous Week Range: 1506.55 Points

NIFTY MIDCAP 100 share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 50,592.18
Resistance 2 49,694.27
Resistance 1 49,085.63
Support 1 47,579.08
Support 2 46,681.17
Support 3 46,072.53
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