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
