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Nifty Weekly Trading View 27-31st May

Last week, we discussed the Nifty Weekly analysis. The Nifty opened Gap-up and made a new lifetime high of 12041. Markets reacted positively as the BJP again came back to power.

Next week will be very critical for the Nifty traders, as per the shorter term Time cycles.

In the Forthcoming week, the 27th & 31st May are the important dates for the Nifty index.

Nifty Weekly Trading View Continues…

Next week, 11885 will act as resistance above that index, which can move towards 11930/12020/12190, and the price level can come.

On the Support side, 11740 will work as support, and below that, the Nifty Index can move towards 11780/11730/11600.

Note: The above-mentioned price projection & other Information are for educational purposes only.

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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.