Nifty Weekly Forecast for Budget Week

By | June 30, 2019

Last Week we gave Chopad level of 11731 Nifty did 3 target on Upside  as High of the week was 11911 and 1 target on downside so EXCELLENT week for chopad followers. Lets see how to trade in coming week as we  have Union Budget on 05 July.

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 election low of 11614

Planetary Cycles and Nifty Movements

Coming Week Bulls need to trade above 11812 for a move back to 11867/11922/11994/12041/12102/12160. Bears will get active below 11775 for a move back to 11721/11666/11610/11512

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  02/04 July is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Coming Week Bulls need to trade above 11812 for a move back to 11867/11922/11994/12041/12102/12160. Bears will get active below 11775 for a move back to 11721/11666/11610/11512

Trading Monthly charts

Bulls need to move above 11843 before monthly closing to keep an upper hand for July month.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11812

Nifty Resistance:11867,11922,11977,12031

Nifty Support:11760,11705,11666,11600

 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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