Nifty Weekly Analysis 4- 8th June

Nifty Technical Analysis 4- 8th June

As posted in last week Analysis – For next week 10680 will act as strong resistance above that move towards 10800 levels can be seen & 10520 & 10440 will act as strong support.

Last week dip came after we get close above 10680, such type of dips are good buying opportunities as we were already having the hint for an upside breakout.

For next week 10815 is holding major resistance on weekly chart above that move towards 10910 / 11060 can be seen & 10617-10580 will act as strong support zone below that move towards 10473 / 10410 can be seen again.

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Note: Above mention Price projection & other Information are 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.