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Nifty Trading Strategy for On-going Week

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As I posted Last week: Currently Nifty is trading near Gann Angleresistance on weekly charts, for forthcoming week 10545 will be the key Resistance for Bulls & 10439 will be the critical key support level for bears to push prices again on the lower side.

Nifty made high of 10552 on 27th Dec 2017 on Gann angle but failed to close above 10545 Natural no. and in lieu of that finally, we saw 100 points down move yesterday.

Now for the rest of the week, 10489 will be the key resistance for Bulls & 10395 will be a critical key support for bears for driving prices on further lower levels.


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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.