Nifty Weekly Forecast for 18-22 March

By | March 17, 2019

Last Week we gave Chopad level of 11061  Nifty  gave Long on Monday did 3 target on Upside so EXCELLENT week for Chopad Followers and we also saw the effect of  Gann 10 Year Cycle. Let see how to trade in coming week as we see Mercury Sun Conjunction Astrological Phenomenon showing effect.

Financial Astrology: Mercury Sun Conjunction To Trade Nifty and Bank Nifty

Nifty Harmonic

As discussed in Last Analysis Holding the 11000 we can again revisit  11225/11263

11263 done  now till we are holding 11100 we can rally towards 11666/11760/11850.

Nifty Gann Angles

Bounced from support zone

Planetary Cycles and Nifty Movements

As discussed in Last Analysis Bulls now need a close above 11060 for up move to continue further towards 11125/11225/11310. Bears will get active below 10998 for a move back to 10930/10866..

11310 done Now Bulls will get active above 11449 for a move back to 11520/11600/11666/11760. Bearish for  11370 for a move back 11300/11230/11166/11100

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  18/22 March  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 391 points  closing @11426 .As discussed in Last Analysis  Coming week Bulls now need a close above 11060 for up move to continue further towards 11125/11225/11310. Bears will get active below 10998 for a move back to 10930/10866.

All Bullish target done. Now Bulls will get active above 11449 for a move back to 11520/11600/11666/11760. Bearish for  11370 for a move back 11300/11230/11166/11100

Trading Monthly charts

As discussed in Last Analysis Bulls now need a close above 11060 for upmove to continue further towards 11125/11225/11310.

Bulls need to hold 11250-11270 range for whole of March month for bulls to keep an upper hand.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11449

Nifty Resistance:11525,11589,11666

Nifty Support:11370,11320,11250

 

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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