Stock Market Technical Analysis Reports

Technical Analysis report for 03rd December 2021trading Purpose. Today Nifty close in green and 235 point rise from previous day closing and nifty close above 17340-17370 its very important resistance level now its now support here (17340-17305). major stock trend reversal given below in picture.

as per Data reports top OI Gainer stock is GUJRATGAS LTD,MCX ,GMRINFRA,COFORGE LTD and more. Volume gainer stock is AARTIINDUSTRIES ,GMRINFRA . down side stock VEDANTA LTD, Ashokley etc.

Nifty Technical Level analysis

Nifty Strong Resistance as per WD Gann level is 17490 and Down Side Support 17340-17305.

As Discussed in Last Analysis  Have we made bottom as discussed in YouTube video  its will be confirmed when we have a close above 17146 in next 2 trading session. Bulls need to move above 17150 for a move towards 17238/17310/17380. Bears need a close below 16920 for a move back to 16860/16810/16760. Gann Angle again acted as resistance. Now Bulls need to move above 17080 can see quick move towards17120/17180/17255.Bears will get active below 16920 for a move towards 16847/16762. 


Notice : Our W.D Gann Square of Nine Course Start in Surat Gujrat (December 2021)

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Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict SL .Please also read the detailed Disclaimer mentioned in the left side of Blog.

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