Nifty 50 Index Weekly Trend (June 18 – June 22)

The Nifty 50 index opened at 10781.85, made a high of 10893.25, low of 10755.40 and eventually closed at 10817.70.

The longer the index stays below 10777, we can see it dwindling lower towards 10609 and 10404.

Else, if the index manages to stay above 10868, we can see the index rising towards 11025 or 11236.

 

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Nifty Weekly Outlook (June 11 to June 15)

Throughout the past week, Nifty 50 displayed choppy price opening at 10765.95 and closing at 10767.65.

The high and low price made by the index was 10818 and 10550.90.

For the oncoming week, 10683.59 is the crucial level to keep in mind.

The longer the index manages to stay above 10683.59, we can see it surging even higher to test the previous week high value of 10818 and perhaps even to 11016.

However, if the index does not find support over at 10683.59, then we can expect it to test the previous week low value of 10550.90.

Nifty Weekly Outlook (May 28 to June 1 2018)

10468.75 is the currently the decisive point for Nifty. The longer Nifty manages to stay above this value, the better are the chances of it going towards 10625 and possibly higher. However, if for some reason Nifty gets below 10468.75 and manages to stay below that value, then we might see it dwindling towards 10312.50.

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Power Grid Corporation of India Limited (POWERGRID) Intraday Trading Levels

214.05 is a pivot point value that you need to consider while going long or short. Buy the stock POWERGRID above 214.05 and sell below 214.05. Target is EOD close.

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