NIFTY ANALYSIS FOR COMING WEEK for NSE:NIFTY by datatraders77

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Nifty closed down for the week with an engulfing bear but that was not enough to push weekly momentum back into sell mode and we are making higher highs and lows. What has happened from the start of August is that most rallied ended as corrective structures also With the US elections around the corner, volatility is expected to remain high.

please be careful while trading this week: below are nifty points

RESISTANCE: 11535-11665
SUPPORT : 11300,11244,11130

FOR INVESTORS PLEASE WAIT FOR THE BREAK OF 11550 TO GO LONG. DONT INVEST AT PRESENT

* STRONG RESISTANCE IS @11550
*STRONG RESISTANCE IS @11100

Trade active:

PLEASE SEE NIFTY TOOK SUPPORT EXACTLY FROM OUR SUPPORT POINT GIVEN MORE THAN 100 PTS.

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