Nifty Weekly Forecast for 04-08 Feb

By | February 3, 2019

Last Week we gave Chopad level of 10777 Nifty gave Short on Monday did all 3 target on downside Long Trade on Thursday we were able to do 2 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 04 Feb.

Nifty Positional Trend Following Trading Strategy

https://www.youtube.com/watch?v=2nBOrnJXt24

Nifty Harmonic

Till we are holding 10600 we can scale towards 11000/11250/11318.

Nifty Gann Angles

Trading near support zone

Planetary Cycles and Nifty Movements

 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.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  04 Feb  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 113 points  closing @10893.As discussed in Last Analysis For Coming week Bulls need to close above 10830 for a move towards 10890/10931/10985/11040/11100. Bears will get active below 10730 for a move back to 10666/10610

10985 and 10610 both done. 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.

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:10921

Nifty Resistance:10987,11035,11100

Nifty Support:10841,10777,10721

 

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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3 thoughts on “Nifty Weekly Forecast for 04-08 Feb

  1. Bramesh Post author

    We focus on going with the flow not against the flow..

  2. Yashwant Patil

    Do we need to apply Gann Fan from Nifty top around 11500 to predict the fall?

  3. Yashwant Patil

    Hi Bramesh,
    Looks like reverse flag on weekly chart showing big fall at least for next three months with stoploss of 11000.

    Please advise.

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