Nifty View for next Week 2-6 (Mar-2020)

NSE:NIFTY   Nifty 50 Index
Last week we seen Major Fall in Nifty and closed at (11201) Support zone with support of Major Trend line . If nifty able to close below major support & trend line then we can see 100-500 more downfall.

Nifty able to break 11400 near 0.61%Fib and Trend line then we can see 100-400 upside.

Critical zone 11100-11400(sideways) breakout of any side will give good opportunity.

Comment: Nifty not able to break 11100-11400 on closing basis close
For Intraday it already given basis S-65, B-35 points as if break now upside gave more points as now market created double bottom.

I wait for breakout of previous levels as expected it will done in this week
Comment: 11100 to 10831- 269 points


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