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Nifty Weekly View 5th-9th June

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Last week was consolidation week for nifty before next trending move as TCL followers rewarded with around 60 points on sell side, for next week range of 9600 – 9650 will be watched closely for next trending move


As per above Nifty price vibration chart bulls are in full control above 9650 & can take nifty towards 9725 / 9820 , bears will have chance only on close below 9600 for move towards 9530 / 9450


New time cycle has been started from 30th may, below i have also marked the past moves of this short term time cycle


9th 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 9634


Nifty Weekly Trading Levels

Buy Above 9710

Target – 9760 / 9830 / 9920

Sell Below 9600

Target – 9550 / 9480 / 9390



. 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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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.