rvbhatt

Nifty weekly analysis

NSE:NIFTY   Nifty 50 Index
Last week Nifty consolidated between (11000-11300) range.
It is expected to remain in the consolidation phase this week.
Levels are mentioned on the chart.
On up side 10400 will act as a resistance and if it sustains then might give move upwards to (10540-10600)
On down side 11000 will act as a support.
(10855-10900) & (10680-10745) are the key levels

Comments

Nifty likely to hit 11300 by tomorrow 200++ points
Best buy around 11040 spot nifty levels
+2 Reply
tkdk66 LINUSStock
@LINUSStock, And this view of yours is supported by which analysis ?
+2 Reply
@tkdk66, my technical view Nifty likely to open 30- 40 points up tomorrow around 11103 then will come down till 11040 buy 11350 ce around 20-30 for target 80++
+1 Reply
@LINUSStock, technical view without technicals ?
+1 Reply
LINUSStock johntaylor2211083
@johntaylor2211083, let the market to prove 8t by tomorrow
+1 Reply
@LINUSStock, so hows it going bro :)
Reply
So U mean to say this 300 points range is a no trade zone? Means If it will trade in this zone then dont need to trade and better to put alert wait for the breakout otherwise better to sleep at home.
+1 Reply
rvbhatt Swapilchoksi
@Swapilchoksi, there is a supply zone in between that, if it crosses then take long position for 40-50 points
Reply
@rvbhatt, Wow so wait for the breakout of 300 points then take a long position for 40-50 pints...Its better i will take a week off and sleep whole week. Pls wake me up after breakout.
+1 Reply
rvbhatt Swapilchoksi
@Swapilchoksi, (11180-11240) is a supply zone in between.
chart shows weekly range and Its my point of view of analysis, if you have any problem with my analysis then do your own analysis,
god bless you!
Reply
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