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Nifty Weekly View 24th – 28th April

Last Updated: June 29, 2019 By Divesh

Last week on Monday Nifty made low 9120.25 near our TCL of 9120 & from there rewarded with around 100 points to TCL followers, Long was initiated on tuesday for which stoploss was hit on wednesday & shorts was initiated from there which ended up with no result neither target came nor stoploss came , For next week range of 9120 – 9137 will be very important for market..

 

As per Nifty price vibration chart last week low of 9075 was made near the Gann Vibration level , holding 9070 can see move towards 9190 – 9250 & below 9070 we can see move towards 9005 level

 

Nifty has entered into new short term time cycle from 20th april which will get end around 1st may , Below i have also marked the past moves of this short term time cycle

 

24th & 27th April 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 9137

 

Nifty Weekly Trading Levels

Buy Above 9170

Target – 9220 / 9280 / 9370

Sell Below 9070

Target – 9020 / 8960 / 8870

 

 

. 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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