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Nifty Outlook & Trading Levels 27-31 July Week

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Last week Nifty weekly trend gets shift above 11030 Gann resistance level; bulls made the around 11240 levels, did 2nd target on the upside.

The Nifty Index is on Pause mode after reaching at four months top level. The coming week can be crucial Pause modes often lead to the big moves.

In the coming week, 27 & 30 July are the Important Gann dates.

nifty
nifty

Weekly Nifty Trend Analysis & Trading Levels

Next week 11280  will act as Resistance above, which moves towards 11330/11410/11550 can come.

While I expect support to take place at 11100 below, that move towards 11050/10970/10830 can be seen.

Note: The above-mentioned Price projection & other Information is for educational purpose 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.