Nifty Weekly Forecast for 01-04 Nov

Monday, October 31 Leave a Comment

Last Week we gave Chopad Levels  of 8737, Nifty gave short entry on Monday as it made high of 8636.95 which did 3 target on downside, as our target of 8555 and low made was 8550 before nifty recovered, Thus rewarding the disciplined Chopad followers.  Wishing all Chopad Traders a very very profitable year ahead. Lets analyze how to trade nifty in coming week as volatility with increase in coming month.

Nifty Hourly Chart

nifty-hourly
As discussed in last analysis   For coming week range of 8737-8748 is important zone of resistance as shown above Closing above it move towards 8840/8950, Unable to close above it going for 8500 again.
High made 8737 and nifty turned


Continue Reading

0 comments »

Leave your response!