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

nifty weekly forecast

Nifty weekly forecast

The above chart is illustrating one of the unique & most effective ways of applying angles on price charts Which were last used by Mr.Gann; I was lucky enough to re-discovered them from Gann's archives.

As posted in last weekly analysis: 11755 will be stiff resistance above that only we can expect further up move towards 11810 / 11855 & on the other hand, 11620 will be good short-term strong support.

Nifty Weekly Forecast

Last week Nifty made high of 11751 which was below our 11755 Resistance level & failed to cross it, & below 11620 our Support level Nifty made the low of 11394 which was nearly 225 points down.

Now next week 11611 will be Resistance above that move towards 11670 / 11725 can come, and 11530 & 11450 will act as support

If we failed to get close above 11611, then again move towards 11510 / 11420 can be seen.

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

Related Topics

You may also like

September 27, 2020

The ice melting move of last week pushes the Index towards one month lower ...

Read More

September 22, 2020

The volatility stands high. During such times you should remain extra cautious before making the ...

Read More

September 21, 2020

Nifty Price Action Holds The Key Now For BullsBears continue the show of last ...

Read More

September 20, 2020

Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance ...

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}