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Nifty 50 Index Trading Levels 13-17 July Week

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Last week above 10650 Nifty 50 Index Weekly Trading Levels; did the second target on the upside. The Index ended the week with 160 points gain.

The effect of fixed ‘Time Cycles’ was seen well in the previous week; Even after Gap-up opening there was no substantial rise in trend and from the week’s high Index plunge twice near critical support area.

Now in the next couple of day’s the effect of discussed Major ‘Time Cycle’ point can be seen.

In the coming week, 15 & 17 July are the Important Gann dates.

nifty

Nifty 50 Index Weekly Trading Levels

Next week 10860  will act as Resistance above, which moves towards 10920/11010/11160 can come.

While I expect support to take place at 10690 below, that move towards 10630/10540/10390 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.