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Nifty Trading Strategy for Forthcoming Week

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Updated On:

Nifty Trading near Price & Time Balancing Point…

 

 

As posted last week: Nifty continues to trade on both side gave Yin-Yang move last week, for forthcoming week 10375 will be the key Resistance for Bulls & 10210 will be the critical key support level for bears to push prices again on the lower side.

On 18th Dec Monday we again witnessed Yin-Yang move, Nifty gave close above Natural no. 10375 and made New lifetime high of 10501 on the last trading of the week.

Currently Nifty is trading near Gann Angle resistance on weekly charts, for forthcoming week 10545 will be the key Resistance for Bulls & 10439 will be the critical key support level for bears to push prices again on the lower side.

 

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NOTE: These projections & views are not given in an advisory manner but only as an educational tool.

 

 

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.