Nifty weekly view ( for Week ended 23 Feb 2018) – IOTA

Nifty weekly view ( for Week ended 23 Feb 2018)

Nifty / BankNifty Trade Setup 20th Feb 2018
February 20, 2018
Nifty Weekly View ( week ended 23 Feb 2018) – Daily Chart view
February 25, 2018
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Hi Friends

Glad to Share my Nifty Weekly Views and Analysis for week ended 23rd Feb 2018.

Nifty view for Next week – 26th Feb 2018 to 1st March 2018

Nifty on weekly chart has made a Bullish Dragonfly Doji Pattern and for last weeks the low of 10276 has held on. And its also near the 20 EMA MA. Seems price has taken Support at 102760 Zones, like as double bottom, and looks ready for a Nice Up move.

The 1st target we will look at 10600 zones>> also channel TLine and was the previous Support turned resistance zones>>> further if 10630 is broken and Price holds up>> expect next target to 10720 zones    (GAP FILL).

The Fibonacci Targets we can arrive is 10618 / 10723 / 10830 and max 10950.

So next 2 weeks Price action will determine how our targets get hit.

Pl refer our Nifty weekly and EOD charts for more details.

IOTA is also glad to announce the March batch (Online webinar – 24th March). 2 Modules will be covered. Basic Technical Analysis and Advance Technical Analysis Workshop for Options Trading in Nifty and BankNifty.

Special Offer for 1st 15 Students Only. Contact us for more info.

Happy and Safe Trading


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