In the last Nifty weekly analysis, we discussed: Bulls are moving with the enormous amount of energy & we saw new all-time high in last week. Now next week 11345 will act as resistance above that move towards 11450/11525 can be seen & 11200 will support below which move towards 11080/10990 can be seen.
Nifty Weekly Pivot Point Analysis
As we forecast Important weekly Pivot Point Ahead, Nifty reacted, in the same way, & nifty corrected nearly 150 points.
Now, next week 11420 will be Resistance above which move towards 10480 / 10540 can be seen.
11310 will act as Support below which move towards 11260 / 11200 can be seen.
However, 11480 will be another Important weekly pivot point, near to that we can witness sell-off.
Note: Above mention Price projection & other Information are for educational purpose only.