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Lets see How to trade Nifty in coming week as we approach 2018.
We are forming a bullish ABCD pattern with PRZ zone coming around 10770, Bulls need to close above 10570 for a move towards for 10660/10720/10772.
Nifty Gann Angles
Trading in between gann angles on Weekly Time Frame,
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 01/03 Jan is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was positive week, with the Nifty up by 37 points closing @10531. Coming week 01/03 Jan is important time cycle turn date. Bulls need a close above 10570 for a breakout for a move towards 10660/10725. Bearish below 10470 for a move towards 10420/10350.
Trading Monthly charts
Nifty Bulls held to 10300 on Monthly and Yearly closing basis. 10300 will play crucial role in Jan month.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10545
Nifty Resistance :10600,10660,10707
Nifty Support :10480,10420,10350
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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