Nifty Weekly Forecast

By | February 10, 2019

Last Week we gave Chopad level of 10921 Nifty gave Long on Monday did all 3 target on Upside so EXCELLENT week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 09 Feb.

Nifty Harmonic

As discussed in Last Analysis  Till we are holding 10600 we can scale towards 11000/11250/11318.

11000 done now waiting for 11250 till we are holding 10930.

Nifty Gann Angles

Trading near support zone

Planetary Cycles and Nifty Movements

As discussed in Last Analysis Bulls need to close above 10930 for a move towards 11000/11040/11100. Bears will get active below 10840 for a move back to 10777/10730.

11100 done. Bulls need to close above 10987 for a move towards 11040/11100/11171. Bears will get active below 10880 for a move back to 10821/10777/10730.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  12/15 Feb  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 50 points  closing @10943.As discussed in Last Analysis  For Coming week Bulls need to close above 10930 for a move towards 11000/11040/11100. Bears will get active below 10840 for a move back to 10777/10730.

11100 Done.For Coming week Bulls need to close above 10960 for a move towards 11000/11040/11100. Bears will get active below 10880 for a move back to 10821/10777/10730.

Trading Monthly charts

Nifty Bulls need to close above 10987 in Feb month for the Monthly chart to turn bullish.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10960

Nifty Resistance:11111,11170,11230

Nifty Support:10910,10850,10800

 

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

2 thoughts on “Nifty Weekly Forecast

  1. Eric

    Hi Bramesh,

    May I know which time frame are you using for the Nifty Harmonic chart?
    Would like to learn from you how to trade using Harmonic pattern.
    Look forward to your reply.

    Thanks in advance.

Leave a Reply