Nifty Weekly Trading View 27-31st May
Last week In Nifty Weekly analysis, we discussed. Nifty opened Gap-up and made the new lifetime high of 12041. Markets reacted positively, as BJP again came back to the power.
Next week will be a very critical for the Nifty traders, as per the shorter term Time cycles.
In the Forthcoming week, 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 can move towards 11930/12020/12190 price level can come.
On the Support side, 11740 will work as support & below that Nifty Index can move towards 11780/11730/11600 can seen.
Note: Above mention price projection & other Information are for educational purpose only.
Below 15735-760 zone Nifty Index is weak and can drop more. On the downside, the 15520-499 zone is the important Gann level zone, where Index
Even after a strong weekly close, Nifty & Bank Nifty opened gap down. Both tried to recover, made high near Gann levels, which we discussed