As posted in last week Analysis – Nifty did low of 10141.55 as we get close below 10320 Natural no. & does our target 10230 & 10128 (almost as actual low came 10141), 10141.55 low came on above shown daily chart gann angles, so till we are holding 10141 on daily closing basis we can witness bounce in coming days on the other hand bears will try to hold 10400 price point on daily basis to stop bulls
Nifty again this week failed to get close above 10320, till we are holding 10141 low we can witness again bounce towards 10320 / 10455
Now for coming week bulls need to hold 10176 on weekly basis else below that move towards 10000 / 9910 can be seen and on the other hand bears will try to protect 10280 / 10455.
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NOTE: These projections & views are not given in an advisory manner but only as an educational tool.