NIFTY PSU BANK closed the previous week on a negative note losing 4.14%.
Technically, NIFTY PSU BANK share price will see immediate support at 7,178.88 and immediate resistance would be seen at 7,486.53.
If NIFTY PSU BANK share price closes below immediate support of 7,178.88, then sharp breakdown can be seen. NIFTY PSU BANK share price will see major support at 6,998.72 for the week.
On the positive side, immediate resistance will be seen at 7,486.53. Closing above 7,486.53, NIFTY PSU BANK share price will see a sharp breakout. Major resistance for NIFTY PSU BANK share price will be seen at 7,614.02 for the week.
Trading range for NIFTY PSU BANK share price for this week should be between 6,871.23 on down side and 7,794.18 on up side.
NIFTY PSU BANK Previous Week High: 7433.85
NIFTY PSU BANK Previous Week Low: 7126.2
NIFTY PSU BANK Previous Week Range: 307.65 Points
NIFTY PSU BANK share price support and resistance for the week (May 27, 2024 – May 31, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 7,794.18 |
| Resistance 2 | 7,614.02 |
| Resistance 1 | 7,486.53 |
| Support 1 | 7,178.88 |
| Support 2 | 6,998.72 |
| Support 3 | 6,871.23 |
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