Nifty Weekly Analysis 10-14 Dec

As posted in last analysis: 10975 will act as strong resistance above which move towards 11050 / 11150 / 11300 can be seen & 10800 will act as support below which move towards 10720 / 10600 can be seen.

Nifty Weekly Analysis 10-14 Dec

Last week, Nifty did both our weekly target once started trading below our support level of 10800.

Next week, we have a crucial event of state election result declaration on Tuesday (11th dec), so volatility will be at it's best in the whole week.

10765 will act as significant resistance above which move towards 10850 / 10920 / 11075 can be seen & 10620 will act as support below which move towards 10560 / 10480 / 10350 can be seen.

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

Posted by Divesh
December 9, 2018