Nifty Weekly View 29th May – 02nd June

Last week was not able to update weekly view due to some unavoidable work, For next week range of 9600 – 9650 will play crucial role for nifty before next trending move

Nifty superbly holded the 1*1 angle & simply how market as always gave respect to the approach of “Natural Laws” of market

As per above Nifty price vibration chart now bulls need to get close 9650 for move towards 9760 – 9900, bear will have chance only on close below 9350

Nifty is going to enter into new short term time cycle from 30th may, below i have also marked the past moves of this short term time cycle

1st 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 9650

Nifty Weekly Trading Levels

Buy Above 9660

Target – 9720 / 9800 / 9890

Sell Below 9540

Target – 9480 / 9400 / 9310

. 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