Nifty Weekly Analysis

As posted in the last analysis: 10490 will act as support below which move towards 10440 / 10370 / 10290 can be seen & 10632 act as resistance above which rise back towards 10700 / 10770 / 10890 can be seen.

Last week, Nifty made exactly low near to our pre-mentioned support level and moved superbly above 10900 levels.

Now in going-week, 10975 will act as strong resistance above which move towards 11050 / 11150 / 11300 can be seen & 10800 will act as support below which move towards 10720 / 10600 can be seen.

Note: Above mention Price projection & other Information are for educational purposes 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.