Saturday, 24 March 2018

Nifty Outlook for Week (Mar 26, 2018 – Mar 28, 2018)

NIFTY WEEKLY PREDICTION FOR 26 MARCH –28 MAR 2018 
WEEKLY RESISTANCE FOR NIFTY: 10647,10762,10858,11164 
PIVOT POINT: 10531 
WEEKLY SUPPORT FOR NIFTY : 10340,10225,10109,9910 WEEKLY CHART FOR NIFTY


Sensex opened the week at 33131, made a high of 33339, low of 33483 and closed the week at 32596. Thus the Sensex closed the week with a loss of 580 points. At the same time, the Nifty opened the week at 10230, made a high of 10265 low of 9960 and closed the week at 10003. Thus the Nifty closed the week with a loss of 235 points. Markets plunged to a five-month low on Friday as jittery investors rushed to sell shares on heightened fears of a trade war after US President Donald Trump announced $50 billion in tariffs on Chinese imports.and banking stocks fell further after CBI filed two more fraud cases involving Union Bank of India and State Bank of India.

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