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Nifty Weekly View 15th-19th May

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Last week Nifty gave buy entry above 9340 & made high of 9450 did almost our 2nd target of weekly trading levels, next week range of 9420-9451 will play crucial role for next trending move


As per above Nifty Price Vibration chart, bears will get hand on only below 9365, till the time bulls can push the prices towards new life time of 9500-9520



As per short term EW setup, Nifty has completed 3rd wave & move towards 4th wave can be seen for which levels are comming 9300-9220


Nifty has enter into new short term time cycle, below i have also marked the past moves of this short term time cycle


16th & 19th may are Gann date for Nifty, we can expect some volatility or we can see short term top or bottom over there


Nifty Trend Changing Level 9451


Nifty Weekly Trading Levels

Buy Above 9460

Target – 9510 / 9580 / 9670

Sell Below 9345

Target – 9295 / 9225 / 9135



. Kindly note above mention levels are for Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss


Note: These are my personal trading views , before taking trade kindly consult your trading adviser & kindly see disclaimer 

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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.