Nifty Weekly Forecast for 14-18 Jan

By | January 13, 2019 2:54 pm

 Last Week we gave Chopad level of 10816 Nifty gave Multiple Short and Long Trade which was able to do 1 target on downside and no target was done on Upside , so average week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 14/17 Jan.

Nifty Harmonic

Till we are holding 10600 we can scale towards 11000/11250/11318,Low made last week was 10628 and bounced back.

Nifty Gann Angles

Trading near support zone

Planetary Cycles and Nifty Movements

Bulls need to trade above 10816 for a move towards 10890/10940/11100. Bearish below 10730 for a move back to 10666/10610

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  14/17 Jan  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 67 points  closing @10795.As discussed in Last Analysis  Now Bulls need to close above 10816 for a move back to 10882/10933/10985. Bearish below 10730 for a move back to 10666/10610/10570/10512

Bulls need to close above 10816 for a move back to 10882/10933/10985. Bearish below 10730 for a move back to 10666/10610/10570/1051, 14 Jan is important time cycle date.

Trading Monthly charts

Nifty Bulls need to close above 10881 in January month for the Monthly chart to turn bullish.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10816

Nifty Resistance:10881,10941,11030

Nifty Support:10760,10700,10636

 

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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