Nifty Trading Strategy for Forthcoming Week

Nifty Yin-Yang Moves Continues…



As I commented in Last post : Nifty did high of 10329 but failed to close above 10325 Natural no. & in result of which today we saw almost correction of 100 points, Now for rest of the week 10343 will be key resistance price point & 10205 will be key support price point

Nifty made high of 10329 on monday, but failed to close above 10325 result of which we saw fall till 10141 level & then again moved up-side but failed to gave close 10343, 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 lower side.


Nifty Intraday Key Price Levels…



On hourly chart also Nifty gave good trading opportunity last week, 10378 & 10443 will be our resistance and 10249 & 10185 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.




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.