In the Last week’s Nifty Analysis, Trading Levels, we discussed.
The Nifty Index opened below our 11650 support level. On Tuesday, it tried to rise and made a high of 11657 before falling 400 points sharply.
It shows how accurately our 11650 Nifty Weekly Forecast Analysis level worked.
In the forthcoming week 14 & 17 May are the critical dates.
Nifty Weekly Forecast 13-17th May Week
Next week, 11380 will act as Nifty Resistance above, moving towards the 11450/11550 levels seen.
On the Support side, 11240 will work as Nifty Support, and below that, a move towards 11180/11070 can be seen.
Note: The above-mentioned price projection & other Information are for educational purposes only.
