Week 47 Nifty Technical Analysis
Hi Traders,
Nifty ended with very Choppy week... On Monday Started with very volatile move and hit 19670 support zone, On the following day very Bullish gapup opening on Neutral zone of 19785 to 19750 zone.
On Wednesday session trading on indecisive zone or Neutral Zone with highly volatile, On Thursday Nifty reaches the First Resistance zone of the week 19860 to 19990, this Zone act as strong for rest of the trading days. Nifty on close basis just above the Neutral Zone.
Next week I am expecting further Downside to 19570 to 19530 Support Zone.
Nifty ended with very Choppy week... On Monday Started with very volatile move and hit 19670 support zone, On the following day very Bullish gapup opening on Neutral zone of 19785 to 19750 zone.
On Wednesday session trading on indecisive zone or Neutral Zone with highly volatile, On Thursday Nifty reaches the First Resistance zone of the week 19860 to 19990, this Zone act as strong for rest of the trading days. Nifty on close basis just above the Neutral Zone.
Next week I am expecting further Downside to 19570 to 19530 Support Zone.
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