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Nifty Weekly Trading Overview

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As posted in last week Analysis : For next week 10625 will be the Key Resistance for Bulls as you can see on above chart 10619 is also Resistance of weekly Gann Angles, additionally our Special Natural number Trading method (Financial Market Energy) weekly resistance is coming at 10592 So, in my view Nifty Bulls need Weekly close above 10592 – 10625 range for moving towards 10880 / 10950, On the other hand, if we talk about our supports then 10320 will act as strong level below which we can see move towards 10230 / 10120 / 9980

Again this week also our special Natural Number 10320 acted as good support & we say the move of around 180 points by holding our 10320 Natural no.

Now for up-coming, we can witness this up-side to get continue as per cyclic analysis, 10592 – 10625 will be the Key Resistance area for Bulls & 10401 will be the Critical Key Support level below which again 10320 & even 10230 / 10120 can be seen on a short-term basis

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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.