Nifty Weekly Analysis 1st-5th Oct

As posted in the last analysis: Now moving forward to the next week, 11200 will act as significant resistance above that move towards 11280 / 11380 / 11500 can be seen, & 11120 will serve as support below that move towards 11040 / 11930 can come.

Nifty Chart With Gann Angles
Nifty Daily Chart Angles

The market responded very precisely to our Natural support level of 11120, below that Nifty made the low of 10850 & did all our targets. Next week, 10900 will act as a support point below that moves towards 10830 / 10750 can be / 10630 can be seen, & 10982 will act as resistance above that move towards 11050 / 11120 / 11180 can be seen.

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

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.