Sunday, 3 November 2019

Nifty weekly support and Resistance with cautious

Dear Friends###

As per previous article Resistance level of 11770 nifty taken Resistance from 11694 and short term support at 11025 taken support from 11090.Now Nifty crossed the medium term  resistance of 11770,so Nifty will take temporary support at 11770,Please trade with utmost cautious at Higher levels with Hedge your position. 

What next???

As per elliot wave and Gann analysis Nifty Support & Resistance Level are as below

Temporary Support-11770

Short term support-11600

Medium term support-11400

Weekly Resistance-12155

Long term Resistance-12550

Utmost care & cautious for Nifty above 12155& 12550,will update latter about long term  Probable truncation level from  microeconomics front as Nifty approaching that  long term levels also.

Postive feedback & Constructive criticism are most welcome here.
Note- The above support & Resistance level are my personal view for Educational purpose only.Please read Disclaimer above right,


Friday, 20 September 2019

Nifty 50 Level synchronization

Dear Friends###

Nifty Power Pack Performance Today !!!

As i have mentioned on 11st Sep that 10660 is the short term support Level.

Nifty 50 taken support  from 10690 approx, finally Today you have seen high of 11381 and closed above Breakout level 11200 at 11274 approx.

What Next???.

Also in my previous 11st Sep  post i have said 10660 as short term support level.Today is the Replication.

Ok It is all about synchronization.What Next???

Now Nifty Gann support at 11200 previous Breakout  Resistance at 11200 and short term support level at 11025.Next weekly Resistance level will be 11400.

Short term support level-11025
weekly Resistance-11400
Next Resistance Level-11770

Please vote in the survey and comment,as Positive feedback and

constructive criticism are enable me to share more.

Note-This above support & Resistance levels are my personal view for educational purpose only.Please read Disclaimer above right.

Wednesday, 11 September 2019

Nifty Weekly Resistance Levels

As per Nifty 50 levels Nifty 50 closed above 11025,if Nifty 50 will sustain above 11025.
Due to Nifty 50 oversold condition gets more mileage upto medium term /Breakout of Resistance 11210 .


Levels to watch!!!

Short term support-10660

Breakout Resistance-11210

Weekly Resistance-11400

Next Big Resistance-11770

Note-This above Support and Resistance levels are my personal view for educational purpose only.
Please read Disclaimer above right.

Thursday, 5 September 2019

Nifty weekly support and Resistance

Nifty 50 levels trading resumed after a long gap.
As expected per Gann angle analysis Nifty 50 taken resistance from 11210 range.
Nifty 50 made recent a low of 10746 approx.

Now Nifty 50 main weekly Resistance will be 11210 above that breakout of nifty 50.



Levels to watch
 
short term support levels-10660

medium term/weekly support-10480

next Big support levels-10300

Breakout Resistance levels-11210

Note-This above support and Resistance levels are my personal view for educational purpose only.Please read Disclaimer above right.



Tuesday, 20 November 2018

Nifty50 Elliot wave and Gann levels Weekly update

Please read previous post for more details.

As expected Nifty50 taken support from 10500 from medium term support level,made low of 10440 approx.

Now weekly resistance at 10870/10940,if cross decisively then next
resistance will be 11050.

levels to watch!!!

Short term support-10700

Medium term support-10500

Short term Resistance-10870/10940

Medium term Resistance-11050

Note-This above levels are my personal view for educational purpose.Please read disclaimer.

Saturday, 10 November 2018

Nifty Gann Analysis EOD update

Resume......Restored the Blog

Dear All,

If Nifty50 sustain over 10500 then next short term Resistance are 10780 & 10870.

Weekly Resistance are 10870/11000/11240.

Probability are Nifty50 find resistance @11000-11240 then find next course of action.


Levels to Watch!!!!

Near term support-10500

Near Term Resistance-10870

Medium Term support-10500

Medium Term Resistance-11000-11240

Note-This Above levels are my personal view for educational purpose.Please read disclaimer.



Sunday, 12 November 2017

Nifty Weekly Reviews with Cautious

As expected Nifty taken support from PRZ 10090-10060 with low of 10124 on 23rd oct 2017 and achieved our 2nd resistance 10450.

Nifty almost reached 10250 against the short term support of 10230 and bounce back.

Now 10400 act as resistance and 10230 as support for next round up movement.

Again previous PRZ(potential Reversal Zone) of 10060(+-30) should act as Medium term support cum PRZ .

Levels to Watch!!!

Immediate support-10230

Medium term support cum PRZ-10030

Immediate Resistance-10400

Next resistance 10650-10700 (above 10600 with cautious approach)

Note-This above levels are my personal view for educational purpose only.Read Disclaimer.