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Nifty Trading Strategy for Forthcoming Week

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Updated On:

Bears Hitting Hard…

 

As I commented last week : Nifty has given close above Gann Angle, which looks much promising that we are going to see again New life time high in coming days, 10462 will be the key resistance for bulls & for bears 10270 will be the critical key level for driving prices again on lower side

Bulls fails to break 10462, Hence view of up-leg dis regarded by market and Below 10,270 Gann Natural No. Nifty did low of 10108, for next week 10230 will be the key Resistance for Bulls & for bears 10088 will be the critical key Support level for driving prices more on lower side

 

Nifty Intraday Key Price Levels…

 

 

On hourly chart also Nifty gave good trading opportunity last week, 10180 & 10248 will be our resistance and 10104 & 10040 will be our support, Please note this Intraday view will be valid for next two trading sessions

 

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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.