Nifty Weekly Trend Analysis for 3rd-7th Sep

nifty trend analysis

As posted in last weekly analysis: 11515 will act as strong support below that we can see price moving towards another vital support at 11460 and in case of further downside below that move towards 11410/10355 can be seen.

And on the other hand, 11610 will be stiff resistance above that move towards 11675/11745 is possible.

nifty trend analysis

nifty trend analysis

Above 11610, Nifty made the high of 11760 & did our both targets.

Now next week 11755 will be stiff resistance above that only we can expect further up move towards 11810 / 11855 & on the other hand, 11620 will be good short-term strong support.

We are trading near Important monthly time cycle turning point.

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