We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Trading View for 17th March

Published On:

Updated On:

In the last Nifty Daily Analysis, we discussed. The markets globally turned jittery and went into a tailspin after WHO declared the corona-virus as a pandemic. The more pain can be seen today in the markets. Now on the lower side, 8700 & 8400 are the two most significant support levels, where this fall can halt.

After our last Nifty Daily analysis, on Friday market opened gap-down and made the low around 8555 levels. From there, bulls took charge and pushed the Index towards higher levels around 10159 range.

Later on yesterday Nifty with a gap down and continued its negative momentum throughout the day.

Now moving ahead bulls need to hold 9100, for the bounce-back towards 9230/9400/9650 levels.

On holding below 9100 Nifty can slide towards 9000/8850 range, and around 8800 it can again found support for a bounce back.

P.S: I’m not discussing the Intraday levels as, due to Gap-down opening, those levels become meaningless. As the markets will get normalize in the coming weeks will start mentioning it again.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.