Nifty Weekly Forecast for 18-22 Sep

By | September 17, 2017

Last Week we gave Chopad Levels  of 9911,  Nifty opened above the chopad level, Hence chopad followers were unable to take trade. Lets see How to trade Nifty in coming week as we approach the crucial trend change date of 23 Sep. Last Week time cycle of 18 Sep did give a good trade.

 

Nifty Harmonic

 

Nifty was able to cross and close above the PRZ zone of 10030-40, till we are holding that we can see fast move towards 10150/10236/10416.

Nifty Gann Angles

Heading towards the higher end @10250 holding 10030.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 18/22 Sep is Gann Turn date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was negative week, with the Nifty up by 150 points  closing @10086 bouncing from the middle of AF channel and heading towards the higher end. Bulls need to close above 10100 for a move towards 10250/10380/10550. Bearish below 10030 for a move towards 9950/9850/9700. Nifty new time cycle start 11 Sep-18 Sep ended on positive note. Now the date of 23-26 Sep are very important as per time analysis and we can see the trend change in market around these date.

 

Trading Monthly charts

Bulls now need Weekly close above 10115 for a move towards 10288/10476. Bearish below 9860 for a move towards 9600/9450.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10092

Nifty Resistance :10155,10225,10300

Nifty Support :10030,9976,9920

Levels mentioned are Nifty Spot

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 Right side of Blog.

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One thought on “Nifty Weekly Forecast for 18-22 Sep

  1. Sanjay

    Hi B Ramesh, I have asked you this question earlier also. There is no where link in your site regarding what is ‘CHOPAD Nifty level’. Can you please explain it? Or can you add the definition of CHOPAD to your site please?

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