![Nifty Analysis for Wednesday 20/03/2024](https://financialfact.in/wp-content/uploads/2024/03/Screenshot-21-768x432.jpg)
Nifty Analysis For This week
Looking at the current trend there are a signs of selling pressure as of now. there’s no doubt that bears are in the lead. The market has consistently been retracing after that big fall which is only creating a better setup for short, from the risk-to-reward (R:R) perspective. Today on
![IDFC First Bnak](https://financialfact.in/wp-content/uploads/2024/03/Screenshot-19-768x432.jpg)
IDFC First Bank
IDFC first Bank, CPM 81.80, In the weekly time frame, the stock has experienced a “multiple Support” on 50 EMA at price range of 79 – 80 levels. Increased volumes at this range signify participation. And in Daily time frame the stock taking support at 200 EMA. In this, buying
![Screenshot 15](https://financialfact.in/wp-content/uploads/2023/12/Screenshot-15-768x368.png)
Nifty 50 Analysis for Monday
How Nifty 50 Reacted to my Support and Resistance Levels looking at the current trend there are no signs of selling pressure as of now. there’s no doubt that bulls are in the lead In shorter time frame If the market opens flat on Monday then there are high chances
![Screenshot 14](https://financialfact.in/wp-content/uploads/2023/12/Screenshot-14-768x381.png)
Nifty analysis for next week
Nifty Prediction for upcoming week Nifty may remain in a range in this week 21200 -21500. The market participants seem to have turned cautious, due to the sudden volatility. Although the market is still strong. There are strong position on the call side at 21500 and on put side at