Nifty Technical Analysis for 02nd-04th May

 

 

As posted in last week analysis : Now for upcoming week 10609 will act as Resistance and if we look for supports then 10480/10410 are the two good support points in case of dip we can look to go long near these price points only.

 

Nifty did our target of 10727, which I forecasted one week before on 15th April in weekly analysis post, for now Bulls need to break and close above 10770 above that move towards 10900 / 10950 can be seen, on the other 10665 / 10570 are good support levels bear need close below 10570 to get some control.

 

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Note : Above mention Price projection & other Information are for educational purpose only.

 

 

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