Nifty Weekly Trading Outlook 18-22nd March
In the last Nifty weekly trading outlook, we discussed: 11080 will act as resistance above which move towards 11130/11210/11320 level can come & 10950 will act as support below which move towards 10880/10800 can come.
Nifty Gann Angles
Last week, as soon as Nifty move above the 11080, it started non-stop rally and on Friday it made the high of 11487, does our all three weekly targets.
This month will be critical as for Nifty traders. As many Time Cycles conjunction & completion is taking place during this month.
I've discussed before here, at the starting of the month only and last week such a big move is the effect of such cycles only.
Nifty 11565-11610 range will be the most critical resistance to watch out in the coming days.
Next week 18th & 20th March are the critical dates.
Nifty 11510 level will act as resistance above which move towards 11570/111645/11860 level can come.
Support for the Nifty index is at 11400 level, below which move towards 11345/11270/11150 can come.
Note: Above mention price projection & other Information are for educational purpose only.