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Nifty Outlook For 08-12 June Week

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Last week Nifty Index opened gap-up; above Gann resistance level and did all three targets on the upside. The Nifty ended the week with 562 points gain.

In the coming week, Nifty can do Gann’s Price Time Squaring. The critical price points to watch out on upside will be 10320/10390/10460/10680 levels.

The next significant cycle in Nifty is coming at the weekend or in earlier next to next week.

In next  week, 09 & 11 June are the Important Gann dates.


Nifty Index Weekly Trading Levels

Next week 10330 will act as Resistance above, which moves towards 10390/10470/10650 can come.

While I expect support to take place at 10080 below, that move towards 10020/9940/9790 can be seen

Note: The above-mentioned Price projection & other Information is for educational purpose only.

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About the Author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.