Sunday, October 9

Nifty Outlook and Trend for 10-14 Oct

Last Week we gave Chopad Levels  of 8601, Nifty opened with gap up and made low of 8636 and traders who  initiate trade as per Chopad levels were rewarded as Nifty did high at 8806 near to our 3 target of Chopad level of 8800. We have mentioned  last week crucial price and time square has happened as per gann analysis around 8555 and nifty bounced almost 250 points from that level. So as I always say Price knows everything well in advance.
Lets analyze how to trade nifty in coming week as we have 2 trading holidays coming up.

Nifty Hourly Chart

nifty-hourly
Now for coming week 8777 is crucial

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