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 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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