Nifty Weekly Forecast for 19-23 Nov

By | November 18, 2018

Last Week we gave Chopad level of 10525 Nifty gave a short trade and did 1 target on downside and Long target on upside did 3 target. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov.

Nifty Harmonic

No Valid Pattern Found.

Nifty Gann Angles

Back above Gann Angle,Need to hold 10600 for the upmove to continue further towards 10777/10830/10930.

Planetary Cycles and Nifty Movements

Bullish  Above 10712 for a move towards 10777/10830/10930. Bearish below 10570 for a move back to 10500/10410.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  19/23 Nov is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 97 points  closing @10682 .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.

10695 done now bulls need to hold 10712 for a move back to 10777/10850/10930. Bearish below  10600 for a move back to 10525/10470.

 

Trading Monthly charts

Nifty Bulls should protect 10600 for the Nov month for bullishness to continue for a move back to 10777-10900. Bearish below 10600 for a move back to 10525/10470/10410.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10712

Nifty Resistance:10777,10850,10930

Nifty Support:10666,10600,10525

 

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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