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

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