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.
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