NIFTY WEEKLY OUTLOOK ( 13th august 2018 to 16 august 2018)

Closed  @ 11109

EMA 10 @ 11058
EMA 20 @ 11195
EMA 50 @ 11410
EMA 200@ 11269
Resistances: 11164,11275,11400
WEEKLY PIVOT: 11024
Supports: 10933,10801,10487

BANKNIFTY WEEKLY OUTLOOK ( 13th august 2018 to 16 august 2018)

Closed  @ 28431

EMA 10 @ 28394
EMA 20 @ 28924
EMA 50 @ 29629
EMA 200@ 28754

Resistances: 28800,29200,29500
WEEKLY PIVOT: 28140
Supports: 27792,26700

NIFTY weekly support and resistance ( 29TH JULY 2019 to 2ND AUGUST 2019)

Closed  @ 11284

EMA 10 @ 11407

EMA 20 @ 11520

EMA 50 @ 11517

EMA 200 @ 11296

Resistances: 11386,11461,11602

PIVOT 11301

Supports: 11207,11061

BANKNIFTY weekly support and resistance ( 29TH JULY 2019 to 2ND AUGUST 2019)

Closed  @ 29325

EMA 10 @  29657

EMA 20 @  30076

EMA 50 @  30281

EMA 200 @ 28798

Resistances: 29500,29830,30219

PIVOT 29300

Supports: 28521,28261

NIFTY WEEKLY OUTLOOK ( 1st july 2019 to 5th july 2019)

Closed  @ 11788

EMA 10 @ 11797

EMA 20 @ 11792

EMA 50 @ 11691

Resistances: 11916,12108

WEEKLY PIVOT: 11783

Supports: 11741,11672,1156

nifty trading with failure pattern of  inverse head and shoulders pattern which is bullish sign but it should be on bottom

Nifty making lower top lower bottom on daily chart and it tried to break nechline of inverse head and shoulder failures pattern on daily chart on 26^th june and 27^th june but it fails to closes with strength candle . so in that case we have to plan as it is standing on make and break point game plan

1.       Bullish mode: If nifty tried to sustain above trendline with strengths candle above 11916 then it can go up too 12108. In this case it should not breach support level of 11700.

2.       Bearish mode: if nifty breach this support of 10700 then it can go up to 10600 which is strong level for nifty that should not breach if this is uptrend and if 10600 breached 10450 will be tested.

3.       Range bound: those who wants to be in range then 10600 will be mid points and above 10900 and below is 10450.

How to trade in nifty in next week

What should be strategy for nifty next week

NIFTY WEEKLY OUTLOOK ( 18th march 2019 to 22nd march 2019)

Closed  @ 10863

EMA 10 @ 11191

EMA 20 @ 11059

EMA 50 @ 10926

Resistances: 11515,11816

WEEKLY PIVOT: 11426

Supports: 11325,11221,11118

BANKNIFTY WEEKLY OUTLOOK ( 18th march 2019 to 22nd march 2019)

Closed  @ 27043

EMA 10 @ 28306

EMA 20 @ 27836

EMA 50 @ 27376

Resistances: 29660,29955

WEEKLY PIVOT: 29381

Supports: 28880,28508,28134