Last Week we gave Chopad level of 11841 Nifty Opened with Gap down So no opportunity came to trade as per Chopad level. Let see how to trade on in coming week as we have important time cycle confluence on 15 July.
ABCD target of 12500 till we are holding election day low of 11488
Nifty Gann Angles
Break down of Gann Angle suggesting we can fall towards 11400/11250 till we are trading below 11610.
Planetary Cycles and Nifty Movements
As discussed in Last Analysis Coming Week Bulls need to trade above 11841 for a move back to 11922/11994/12041/12102/12160. Bears will get active below 11800 for a move back to 11745/11680/11610/11512
11512 done below 11800. Coming Week Bulls need to trade above 11610 for a move back to 11676/11730/11800. Bears will get active below 11512 for a move back to 11461/11400/11343/11250.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 15/19 July is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Coming Week Bulls need to trade above 11610 for a move back to 11676/11730/11800. Bears will get active below 11512 for a move back to 11461/11400/11343/11250.
Trading Monthly charts
As discussed in Last Analysis Bulls need to move above 11841 for upper hand in July month.Next week close below 11848 we can see fall till 11575 in July month. 11575 Done, Now any break of 11520 can see fall towards 11400/11375
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11576
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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