Nifty Trading Strategy for Forthcoming Week

Nifty Surges Up-ward Again…



As I commented in last post : Bears was not able to get close below 10088, Hence any close below 10088 we can see move till 10,000-9980 levels, for rest of the week now 10230 & 10320 will act as strong resistance point & bears still need close below 10088 for driving prices more on lower side

Nifty failed to do lower targets after closing below 10088 & Nifty start surging upward again from 10033 low, Hence 10033 was our Predicted target from 10490 Swing high, In November 2nd week only I predicted target of 10035 – Nifty 50 Expected target

That’s exactly what our specialty is here at, to keep readers always aware about what could be next move in terms of Price & Time

For next week 10325 will be the key Resistance for Bulls & for bears 10224 will be the critical key Support level for driving prices more on lower side


Nifty Intraday Key Price Levels…



On hourly chart also Nifty gave good trading opportunity last week, 10303 & 10375 will be our resistance and 10230 & 10160 will be our support, Please note this Intraday view will be valid for next two trading sessions


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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 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.