NIFTY 50 GANN ANALYSIS FOR WEEKLY EXPIRY OF 13 JUNE 2024...

2024年6月13日

Nifty 50 Index has completed one price cycle from 23206.50 to 23439.50. We have retraced down to an important trend decider level of 23323 which is yesterday's close. We need to stay above it for the expiry day to be positive. I we gap up today 23400.65 is the level to watch on the upside. Major resistamce at 23439.50 above which we may see new all time highs till levels of 23478.30/23497.75/23526.90. I know its not possible in a single day but being aware of the levels helps us to be in the right perspective while trading so no surprises for us. On the dowside we stay below 23323 then suports are at 23293.90. Break of this level may see swift profit booking till support of 23245.30. Below this we can fall down till 23206.50. Below this can be panice area till 23167.65 and 23119.15. Trade the levels wisely and make some decent profits for yourself. Remember price is the best indicator you will in your trading career. try to work on price directly to trade fast and very objectively with clear approach to your trades.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.
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