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INDEX OUTLOOKMARKET OUTLOOKNIFTY MIDCAP 100

NIFTY MIDCAP 100 Outlook for the Week (March 18, 2024 – March 22, 2024)

NIFTY MIDCAP 100
NIFTY MIDCAP 100
NIFTY MIDCAP 100 closed the previous week on a negative note losing 7.94%.

Technically, NIFTY MIDCAP 100 share price will see immediate support at 44,918.90 and immediate resistance would be seen at 48,826.75.

If NIFTY MIDCAP 100 share price closes below immediate support of 44,918.90, then sharp breakdown can be seen. NIFTY MIDCAP 100 share price will see major support at 43,152.20 for the week.

50000.0050000.0049500.0049500.0049000.0049000.0048500.0048500.0048000.0048000.0047500.0047500.0047000.0047000.0046500.0046500.0046000.0046000.0045500.0045500.0045000.0045000.00Feb 5Feb 5Feb 8Feb 8Feb 13Feb 13Feb 16Feb 16Feb 21Feb 21Feb 26Feb 26Feb 29Feb 29Mar 4Mar 4Mar 7Mar 7Mar 13Mar 13Reversal Level 47120.71BuyBuySellSellSell

On the positive side, immediate resistance will be seen at 48,826.75. Closing above 48,826.75, NIFTY MIDCAP 100 share price will see a sharp breakout. Major resistance for NIFTY MIDCAP 100 share price will be seen at 50,967.90 for the week.

Trading range for NIFTY MIDCAP 100 share price for this week should be between 41,011.05 on down side and 52,734.60 on up side.

NIFTY MIDCAP 100 Previous Week High: 49201.2

NIFTY MIDCAP 100 Previous Week Low: 45293.35

NIFTY MIDCAP 100 Previous Week Range: 3907.85 Points

NIFTY MIDCAP 100 share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 52,734.60
Resistance 2 50,967.90
Resistance 1 48,826.75
Support 1 44,918.90
Support 2 43,152.20
Support 3 41,011.05
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