Nifty is ready for a Big Move? Nifty Weekly analysis as per Nifty Gann Angles.

Nifty has a maximum Open Interest on Call side 10.75 Lakh at Strike Price 11200 and maximum OI on Put side is 15.51 Lakh at strike price 11000. So Upper side 11200 is resistance and 11000 is strong support. India VIX is at 14.94 (2.29% down) is suggesting that the market is in control of Bull.
Daily Candle: Doji
Nifty Daily Gann angle Chart

Nifty closing Price is 11035. On the Daily chart, Nifty made a Doji candle. As seen on Nifty Gann Angles Daily chart, Nifty has made a  Darvas Box whose upper limit is 11099 and lower is 10999If Nifty closes above 11099 on 15 min chart then it will shoot towards 11200 in this week. Nifty has strong support at 11000.

Nifty is in between Gann angle of 1/2 and 1/3 angle, taking resistance at 1/3 line and support at 1/2 line till the break of 1/2 Gann angle.

11th March is a Vedic Date. A big move may come on 11 or 12th March. 


Weekly: Sell Nifty 14th March 11000 PE: CMP 43 


Buy above 11052 Target 11070 , 11106 , 11142

Sell below 10998 Target 10971 , 10944 , 10917

Contact for Join VIP Telegram Channel:

Post a comment