NIFTY Forecast for 29 Sep 2020

As discussed last time, “NIFTY opened higher and bulls were able to protect the support zone and did all the upside targets and closed near low of 23 Sep as discussed. Now bull need to move above 11105 to move towards 11157, 11210 & 11263. Bears need to move below 10999 to move towards 10921, 10843 & 10791”

Bull got the entry on level as the low made was 11099 and two targets achieved, now waiting for the third target. Now bulls need to hold 11184-11200 range to continue the rally. Fresh longs to be added above 11210 only for target of 11290, 11343 & 11396. Bears need to pull index below 11157 for target of 10999 which was actually entry point of bears as per yesterday analysis. intermidiate levels will be 11078 & 11025 as per Gann chart.

For 29 Sep 2020

Buy above 11237 for target of 11263, 11290 & 11316
Sell below 11184 for target of 11157, 11131 & 11104

Trade with Discipline & Strict SL

Follow on Twitter –
Follow on Facebook –

One thought on “NIFTY Forecast for 29 Sep 2020

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: