Last Week we gave Chopad level of 11938 Nifty made low of 11920 on Monday and gave us long entry and did 2 target on Upside, Short came on RBI day and did 3 target on downside awesome week for chopad followers. Lets see how to trade in coming week as we Important astro date coming on 10 June.
Nifty Harmonic
ABCD target of 12318 till we are holding election day low of 11614.
Nifty Gann Angles
Break out of Gann Angle suggesting higher level coming towards 12100/12300 till we are holding 11829. Below 11810 can see a move back to 11740/11666/11610.
Planetary Cycles and Nifty Movements
Coming Week Bulls need to trade above 11910 for a move back to 11994/12041/12102/12160. Bears will get active below 11810 for a move back to 11777/11710/11666
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 10/12 June is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Coming Week Bulls need to trade above 11910 for a move back to 11994/12041/12102/12160. Bears will get active below 11810 for a move back to 11777/11710/11666
Trading Monthly charts
Bulls need to hold 11829 range for whole of June month to keep an upper hand. Bears will get active below 11810 for a move towards 11721/11615
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11910
Nifty Resistance:11992,12041,12102,12160
Nifty Support:11843,11777,11721,11666
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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