Sunday 11 October 2020

Nifty weekly Analysis

 Dear All,

As per previous article Nifty achieved and crosed long term resistance level of 11350 and made high of 11905.

So Now as Nifty Monthly and weekly chart turned positive expect Nifty may rally  and can cross all time High if it holds 11810-11720-11620,But be cautious again at 12450-12550 because of possible truncation.

Nifty Levels are as below...

support-11810-11720-11620

Resistance-11100-11300-11500

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.