Weekly Nifty Analysis – May 08 To May 12 2023

Nifty trend for upcoming week

Nifty Trend (UPTREND)

For the week which started on May 08th,2023 to May 12th,2023.

For the week which started on May 08 to May 12, 2023

Nifty opened around 18120 and closed around 18314 with a low of 18100 and making a high of 18389. The week ended on a positive note with 1.36%. 

After making a low on March 20th Nifty trend reversed and the market has started moving northwards ever since then.

FII – Net Buyers for the week 7749 Crores and  DII were NET SELLERS FOR THE WEEK -1262 Crores

Levels to watch out for in Nifty

16834 17337 17984 18121 18314 18342 18609 18778