Nifty Weekly Forecast for 12-16 Nov

By | November 11, 2018

Last Week we gave Chopad level of 10570  Nifty gave a short trade and did 1 target on downside Lets see how we trade Nifty in coming week as we approach time cycle date of 13 Nov.

Nifty Harmonic

Heading in PRZ zone of 10630-10645 unable to break can see fall back to 10301

Nifty Gann Angles

Back above Gann Angle

Planetary Cycles and Nifty Movements

Bullsih  Above 10610 for a move back to 10666/10710 where both planetary line are meeting. Bearish below 10512 for a move back to 10450/10385/10301.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 13/16 Nov is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 32 points  closing @10585 .As Discussed in last analysis For coming week as we have holiday so trade light. Bullish above 10570 for a move towards 10645/10700 Bearish below 10500 for a move back to 10450/10385. 05 Nov Important trend change date.

Coming week is very crucial as important time cycle date of 3 Nov is coming Bullish above 10610 for a move towards 10666/10710 Bearish below 10512 for a move back to 10450/10385.

Trading Monthly charts

Nifty Bulls should protect 10525 for the Nov month for bullishness to continue for a move back to 10777-10900. Bearish below 10500 for a move back to 10410/10333/10222/10111

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10525

Nifty Resistance:10610,10666,10712

Nifty Support:10470,10410,10360

 

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.

Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section

Follow on Facebook during Market Hours:  https://www.facebook.com/pages/Brameshs-Tech/140117182685863

Follow on Twitter  during Market Hours:  https://twitter.com/brahmesh

Leave a Reply