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Nifty Weekly Forecast 13-17th May

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In the Last week’s Nifty Analysis, Trading Levels, we discussed.

The Nifty Index opened below our 11650 support level. On Tuesday, it tried to rise and made a high of 11657 before falling 400 points sharply.

It shows how accurately our 11650 Nifty Weekly Forecast Analysis level worked.

In the forthcoming week 14 & 17 May are the critical dates.

Nifty Weekly Forecast 13-17th May Week

Next week, 11380 will act as Nifty Resistance above, moving towards the 11450/11550 levels seen.

On the Support side, 11240 will work as Nifty Support, and below that, a move towards 11180/11070 can be seen.

Note: The above-mentioned price projection & other Information are for educational purposes only.

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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.