Nifty Weekly Forecast for 05-08 March

By | March 4, 2019

Last Week we gave Chopad level of 10810  Nifty gave Long on Monday did 2 target on Upside so average week for Chopad Followers.  Lets see how we trade Nifty in coming week as we approach time cycle date of 06 March.

Importance of 09 March as per Gann 10 Year Cycle

Nifty Harmonic

Holding the 10721 we can again revisit  11000

Nifty Gann Angles

Bounced from support zone

Planetary Cycles and Nifty Movements

Bulls Need to close above 10890 for a move towards 10933/11000/11070. Bearish below 10721 for a move back to 10666/10620.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  05/08 March  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 71 points  closing @10791.As discussed in Last Analysis  For coming week Need to close above 10810 for a move towards 10890/10933/11000. Bearish below 10721 for a move back to 10666/10620.

10933 done. Bulls Need to close above 10890 for a move towards 10933/11000/11070. Bearish below 10721 for a move back to 10666/10620.

Trading Monthly charts

Nifty Bulls need to close above 10890 in March month for the Monthly chart to turn bullish.Bears need to close below 10730 to turn bearish

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10890

Nifty Resistance:10939,11000,11070

Nifty Support:10820,10777,10700

 

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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