Nifty Weekly Analysis For 05-08-24 to 09-08-24

Nifty Weekly Analysis For 05-08-24 to 09-08-24
Daily & Weekly Trend in Nifty is Bullish.
Evening Star pattern formed in Daily chart which is a sign of Reversal.
Hourly Structure changed to Bearish, So we may see some correction for previous Impulsive move in the coming weeks.
Short Level for Monday is Below 24680 for the Targets of 24580/24480.
Long Level Above 24900 for the Targets of 24980/25080.
25100 is the Major Resistance for Next Week.
24500-25000 is the Range for Next Week.