Sunday 20 September 2020

NIFTY 50 Analysis in VUCA WORLD

 Hi,


Dear all friends wish all are all right in this VUCA -volatility, uncertainty, complexity and ambiguity world of pandemic  scenario,as i went thru a lots of up and downs in my life and vuca world due my auto vibration.


As per my previous article on dt-3rd Nov,2019,said that utmost care and cautions nifty above 12155 and 12550 due to probable truncation,you have seen a truncation at 12430  nifty high  to 7511 low ,so what next?


As nifty in range bound condition and a doji like pattern in last week chart of nifty,so this coming week is important  for nifty due course of action.


As per nifty auto vibration and cluster support levels and resistance levels are as below.


weekly support 1-11449


weekly support 2 -11440


Long term resistance 1-11792-11819-11829


Long term support-11415


Auto Vibration resistance-11525


Auto vibration MOB-11415.


So  just see nifty movement in between 11415-11525 then take your decession.


Trade as per your own Money Management  and analysis.


Note-Your Positive feedback & constructive criticism are most welcome here.The above all support and Resistance level are my personal view for your Educational purpose only.Please read Disclaimer above right.

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