Nifty Outlook for the week 11th April to 15th April 2022.

Market took a support at 17600 on Friday breaking a three-day correction after a massive run which took Nifty from the levels of 15671 to 18095. Nifty ended at 17784 which is just below two important resistances of 17855 and 17931. If it is able to cross these two resistances and is able to consolidate above 18,000 levels, we may see a new high on Nifty within few weeks or months. Supports on the lower side for NIFTY are 17600, 17364, 17271 and 17008. Resistances on the upper side are 17855, 17931, 18114 and 18263.