Nifty Weekly Outlook for the Week 09-13 Sep

Last week below 10940 Nifty did our 2nd weekly target. The low of the week was around 10746, only 56 points short from our third target. The Index ended the week with 77 points loss.

Nifty Hourly Chart

As per the hourly chart Bulls in Nifty will get active above 11010 for the move towards 11075/11185 level.

Nifty bears will get more strength below 10870 for the move towards 10805/10695 levels.

Nifty Daily Chart

On the Daily Chart last week Nifty bulls get the Support near to Gann Angle line of Green Color.

In the coming week, Bulls need to trade above 10965 levels for the further rise. 

Additionally, bulls must break the Golden color Gann Angle line for getting more strength and energy. 

Nifty Weekly Chart

Nifty Weekly Outlook For the Week 09-13 Sep

Last week in this section of Nifty Weekly Outlook, we discussed. In the coming week also 10750 levels will act as strong support on the weekly chart. 

The 10750 level on the weekly chart are working precisely from the last two week. In the previous week also Nifty made the low of 10746 and bounced back towards 10950 levels.

For the coming week also we will stick with our 10750 levels as Support. The Resistance on the upper side is located around 11250 levels.

In the forthcoming week, 09 & 12 September is the critical dates.

Nifty Weekly Trading Levels

Next week 10965 will act as Resistance above which move towards 11020/11100/11250 can seen.

While Support is likely to come at, 10805 below that move towards 10750/10670/10520 can be seen.

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