Nifty Weekly Analysis 6th-10th Aug

nifty weekly analysis

Nifty Gann Angles

As posted in last week analysis: Bulls are moving with the enormous amount of energy & we saw new all-time high in last week.

Now next week 11345 will act as resistance above that move towards 11450/11525 can be seen & 11200 will support below which move towards 11080/10990 can be seen.

Nifty Weekly Analysis

As we forecasted Important weekly Pivot Point Ahead, Nifty reacted, in the same way, & nifty corrected nearly 150 points.

Now, next week 11420 will be Resistance above which move towards 10480 / 10540 can be seen.

 11310 will act as Support below which move towards 11260 / 11200 can be seen.

However, 11480 will be another Important weekly pivot point, near to that we can witness sell-off.

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