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NIFTY PHARMA closed the previous week on a negative note losing 3.61%.
Technically, NIFTY PHARMA share price will see immediate support at 17,574.80 and immediate resistance would be seen at 18,227.05.
If NIFTY PHARMA share price closes below immediate support of 17,574.80, then sharp breakdown can be seen. NIFTY PHARMA share price will see major support at 17,177.50 for the week.
On the positive side, immediate resistance will be seen at 18,227.05. Closing above 18,227.05, NIFTY PHARMA share price will see a sharp breakout. Major resistance for NIFTY PHARMA share price will be seen at 18,482.00 for the week.
Trading range for NIFTY PHARMA share price for this week should be between 16,922.55 on down side and 18,879.30 on up side.
NIFTY PHARMA Previous Week High: 18084.7
NIFTY PHARMA Previous Week Low: 17432.45
NIFTY PHARMA Previous Week Range: 652.25 Points
NIFTY PHARMA share price support and resistance for the week (February 05, 2024 – February 09, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 18,879.30 |
| Resistance 2 | 18,482.00 |
| Resistance 1 | 18,227.05 |
| Support 1 | 17,574.80 |
| Support 2 | 17,177.50 |
| Support 3 | 16,922.55 |
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