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Nifty Weekly Trading Overview

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Updated On:

Weekly trading overview Nifty

 

As discussed in the Last Nifty weekly analysis 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

 

Nifty did low of 10881 on Monday and zoom towards 11109 again hitting new lifetime high, View is still as Relief down move for this current Jan month is around the corner, for next week 11158 will be the Key Resistance for Bulls & 10990 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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Divesh Jotwani

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.