Check Nifty Realty Index Full Analysis At Unicorn Signals

Nifty Realty Weekly Outlook and Analysis:

For the Week: (Dec 05, 2022 – Dec 09, 2022)

Check Nifty Realty Index Full Analysis At Unicorn Signals

NIFTY REALTY Index closed the week on positive note gaining 18.45 points 4.15%.

Weekly High: 464

Weekly Low: 442.05

Weekly Close: 463.35

Weekly Support & Resistance For Nifty Realty Index:

Technically on the daily charts we see minor support on the downside for NIFTY REALTY index lies at 455 levels, whereas minor resistance on the upside is capped around 470-472 levels.

If NIFTY REALTY index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 447 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 480.

Currently NIFTY REALTY index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 450 on downside and 477 on upside.