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By EquityPandit

INDEX OUTLOOKMARKET OUTLOOKNIFTY MNC

NIFTY MNC Outlook for the Week (August 28, 2023 – September 01, 2023)

NIFTY MNC
NIFTY MNC
NIFTY MNC closed the previous week on a negative note losing 1.72%.

Technically, NIFTY MNC share price will see immediate support at 21,610.05 and immediate resistance would be seen at 21,988.40.

If NIFTY MNC share price closes below immediate support of 21,610.05, then sharp breakdown can be seen. NIFTY MNC share price will see major support at 21,451.60 for the week.

22600.0022600.0022400.0022400.0022200.0022200.0022000.0022000.0021800.0021800.0021600.0021600.0021400.0021400.00Jul 14Jul 14Jul 19Jul 19Jul 24Jul 24Jul 27Jul 27Aug 1Aug 1Aug 4Aug 4Aug 9Aug 9Aug 14Aug 14Aug 18Aug 18Aug 23Aug 23Reversal Level 21836.24BuyBuySell

On the positive side, immediate resistance will be seen at 21,988.40. Closing above 21,988.40, NIFTY MNC share price will see a sharp breakout. Major resistance for NIFTY MNC share price will be seen at 22,208.30 for the week.

Trading range for NIFTY MNC share price for this week should be between 21,231.70 on down side and 22,366.75 on up side.

NIFTY MNC Previous Week High: 22049.85

NIFTY MNC Previous Week Low: 21671.5

NIFTY MNC Previous Week Range: 378.35 Points

NIFTY MNC share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 22,366.75
Resistance 2 22,208.30
Resistance 1 21,988.40
Support 1 21,610.05
Support 2 21,451.60
Support 3 21,231.70

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