Nifty Weekly Forecast 13-17th May

Last week Nifty opened below our 11650 support level. Then on Tuesday, it tried to come up & made the high of 11657 before falling sharp 400 points. It shows how accurate our 11650 level worked.

Click on Chart to Enlarge

In forthcoming week 14 & 17 May are the critical dates.

Next week 11380 will act as Resistance above which move towards 11450/11550 levels can seen.

On the Support side, 11240 will work as support & below that move towards 11180/11070 can seen.

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