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INDEX OUTLOOKMARKET OUTLOOKNIFTY MIDCAP 100

NIFTY MIDCAP 100 Outlook for the Week (August 07, 2023 – August 11, 2023)

NIFTY MIDCAP 100 closed the previous week on a negative note losing 2.67%.

Technically, NIFTY MIDCAP 100 share price will see immediate support at 37,041.58 and immediate resistance would be seen at 38,052.03.

If NIFTY MIDCAP 100 share price closes below immediate support of 37,041.58, then sharp breakdown can be seen. NIFTY MIDCAP 100 share price will see major support at 36,452.57 for the week.

On the positive side, immediate resistance will be seen at 38,052.03. Closing above 38,052.03, NIFTY MIDCAP 100 share price will see a sharp breakout. Major resistance for NIFTY MIDCAP 100 share price will be seen at 38,473.47 for the week.

Trading range for NIFTY MIDCAP 100 share price for this week should be between 36,031.13 on down side and 39,062.48 on up side.

NIFTY MIDCAP 100 Previous Week High: 37884.45

NIFTY MIDCAP 100 Previous Week Low: 36874

NIFTY MIDCAP 100 Previous Week Range: 1010.45 Points

NIFTY MIDCAP 100 share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 39,062.48
Resistance 2 38,473.47
Resistance 1 38,052.03
Support 1 37,041.58
Support 2 36,452.57
Support 3 36,031.13

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