NIFTY: Week Ahead, Spot & FUT Levels Weekly(17/09/18) Basis

NSE:NIFTY   Nifty 50 Index
268 2
11550 (Spot) looks Crucial.
Closed above 11550 Increased probability to hit 11641 (Spot).

...... Fut & Spot levels mentioned & plotted on chart.
Comment: In Weekly Chart - "HAMMER" Candle Pattern formed.
Technically Bullish. Pull-back rally can continue to 11670 level (as mid of the body of previous Weekly Candle).
MACD (Weekly Time frame): above Signal line.
very complicated analysis to understand for new trader, plz make it simple.
DSKF16 BhullonEnterprises
@sharikmadani, Notice Crucial Trend Line. If nifty Closed Above in early candle Trend is positive, but if failed & closed below 1st Minor level - trader think about Short/ long ITM or ATM PE. Target BZ#1Levels.
BZ => Bounce Zone (in choppy session trader can also reversed trade),
HZ => Hurdle Zone, most of the time Nifty take rest or reversed (Shorter can Take position Here)
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