Nifty Weekly Time Cycle Analysis 06-10 July

Last week Nifty below10280 did the first target on the downside. Later in the week, Index moved above 10450 resistance level and did 2nd target on the upside. The Index ended the week with 224 points gain.

The Interesting week ahead from ‘Time Cycles’ perspective. Our fixed Cycles are due in the coming week and then Nifty Major Time Cycle Analysis point will come.

Last time when the same Nifty Major Time Cycle Analysis point came Index hit 24th March low (7511) & 18th May low (8806); So, it will be worth to watch this Cycle point in coming days.

I have already shared the Probability of a turn with Free ‘Prime Time Trading Group’ subscribers in Friday email.

In the coming week, 08 & 10 July are the Important Gann dates.

Nifty Time Cycle

Nifty Weekly Trading Levels

Next week 10650  will act as Resistance above, which moves towards 10710/10800/11050 can come.

While I expect support to take place at 10490 below, that move towards 10430/10340/10090 can be seen.

Note: Above mention Price projection & other Information is for educational purpose only.

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.