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Nifty Weekly View 27-30th June

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Updated On:

Last week Buy was initiated above 9640 which made high of 9698.85 that means still not able to close above 9704 projected high,TCL followers also multiple buying opportunity around 9600 for next week range of 9570 – 9618 will play crucial role for next trending move

 

 

 

 

 

As per above, Nifty price vibration bulls break 9600 and moved towards 9698 but failed to go above 9704, Bulls will try to protect 9540 in which if they failed bears will try to take the prices towards 9450 / 9370

 

As per above, short term EW setup around 9520 bulls can get support to move the prices again towards 9690 / 9760

 

28th june is Gann date for Nifty, we can expect some volatility or we can see short term top or bottom over around this date

 

Nifty Trend Changing Level 9618

 

Nifty Weekly Trading Levels

Buy Above 9630

Target – 9680 / 9740 / 9810

Sell Below 9520

Target – 9470 / 9410 / 9340

 

. Kindly note above mention levels are for Nifty cash 

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

 

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

 

 

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Divesh Jotwani

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.