Nifty Weekly Forecast for 18-22 Feb

By | February 17, 2019

Last Week we gave Chopad level of 10960 Nifty gave Short 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 19 Feb.

Nifty Harmonic

Bounced again from 10600 range, Holding the same we can again revisit  11000

Nifty Gann Angles

Trading near support zone

Planetary Cycles and Nifty Movements

Perfect move done from 1 planetary line to another one.For coming week if we hold 10730-10743 range we can see bounce back towards 10800/10866

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

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

Nifty Weekly Chart

It was negative week, with the Nifty down by 219 points  closing @10724.As discussed in Last Analysis  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.

All Bearish target done. For Coming week Bulls need to close above 10743 for a move towards 10800/11885/1950. Bears will get active below 10666 for a move back to 10610/10575/10512.

Trading Monthly charts

Nifty Bulls need to close above 10987 in Feb month for the Monthly chart to turn bullish.Bears need to close below 10583 to turn bearish

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10743

Nifty Resistance:10799,10866,10955

Nifty Support:10685,10610,10544

 

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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