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Nifty Weekly Trading Overview

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Updated On:

Trading Overview for nifty

 

Reaction of Current Action

As discussed in the Last Nifty weekly analysis: Yin-Yang move is the expectation for next week, therefore retail traders are advised to trade with proper stop-loss, for next week 10757 will be the key Resistance for Bulls & 10620 will be the critical key support level for bears to push prices again on the lower side.

 

Currently Nifty on daily time frame is trading near imp Natural Angle, soon we can see some Reaction for this up-side Action, time cycles and other long-term analysis also suggesting the same, for next week 10922 will be the Key Resistance for Bulls & 10877 will be the Critical Key Support level for bears to push prices again on lower side

 

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NOTE: These projections & views are not given in an advisory manner but only as an educational tool.

 

 

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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.