Subscribe and Get Our ‘Special Market Analysis Reports’ In Your Inbox.

As posted in the last analysis: Bulls are in strong position & showing good strength; Now we are approaching a significant price range of 11210-11220. Bull need to hold above this range for a move towards 11290/11360 & Bears need to close below 11050 for the move towards 10960/10840.

Nifty Nearing Crucial Weekly Cycle

Yesterday Nifty made low 11227, above our range of 11210-11220 and from there as predicted Bulls gain more strength & made the high 11320.

From today till Friday, will be the very crucial period as per 'Weekly Cycles', more volatility and signs of reversal for coming days can be seen.

Holding above 11317 can show us further up move towards 11380/11440/11570 & Bears will get active below 11170 for move towards 11100/11020.

Critical Support for today in Intraday is at 11270/11215/11150 & Resistance is at 11330 / 11380 / 11440.

Note: Above mention price projection & other Information are for educational purpose only.

Related Topics

You may also like

The volatility stands high. During such times you should remain extra cautious before making the trade. The chance for lower levels are high. Till Index holds trading below the 11265-11300 range. Warning: ...Read more

Nifty Price Action Holds The Key Now For BullsBears continue the show of last week. And today show their potential.The bears can deliver more as Nifty Index still looking weaker. And ...Read more

Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance Industries (RIL), range-bound move and HDFC Bank lawsuit news.The next week will be crucial for the ...Read more