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As posted in the last analysis: 10886 will act as strong resistance above which move towards 10950 / 11030 / 11150 can be seen, and 10700 will act as strong support below which move towards 10630 / 10540 / 10400 can be seen.

Last week, Nifty made the high of 10985 which was near to our second weekly target.

Now next week, 10828 will act as resistance above which move towards 10899 / 10980 can be seen and 10700 will act as support below which move towards 10550 / 10400 can be seen.

In the forthcoming days level of 10550 will remain in focus, especially on a weekly basis.

Note: Above mention Price projection & other Information are for educational purposes only.

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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.