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Nifty Weekly Trading Overview 19th-23rd March

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Updated On:

 

 

 

As posted in last week Analysis – Nifty did low of 10141.55 as we get close below 10320 Natural no. & does our target 10230 & 10128 (almost as actual low came 10141), 10141.55 low came on above shown daily chart Gann angles, so till we are holding 10141 on daily closing basis we can witness bounce in coming days on the other hand bears will try to hold 10400 price point on daily basis to stop bulls

Nifty again this week failed to get close above 10320, till we are holding 10141 low we can witness again bounce towards 10320 / 10455

Now for coming week bulls need to hold 10176 on weekly basis else below that move towards 10000 / 9910 can be seen and on the other hand, bears will try to protect 10280 / 10455.

 

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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.