Nifty Weekly Forecast

By | July 21, 2019

Last Week we gave Chopad level of 11576 Nifty did 2 target on upside and 3 target on downside so excellent week for chopad followers. Let see how to trade on in coming week as we have important time cycle confluence  on 23 July.

Nifty Harmonic

11310 is PRZ zone for Gartley Pattern.

Nifty Gann Angles

As discussed in last analysis Break down of Gann Angle suggesting we can fall towards 11400/11250 till we are trading below 11610.

11400 done now waiting for 11250 till we are below 11461

Planetary Cycles and Nifty Movements

As discussed in Last Analysis 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.

11400 done, Till we are below 11461 we can see fall towards 11343/11250. Bulls will become active above 11470 for a move back to 11525/11610

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  23/26 July is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Till we are below 11461 we can see fall towards 11343/11250. Bulls will become active above 11470 for a move back to 11525/11610

Trading Monthly charts

As discussed in Last Analysis Now any break of 11520 can see fall towards 11400/11375

11400 done. If we hold 11361-11343 range we can see pullback towards 11461/11575.Below 11340 bears can fall till 11250/11100

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11400

Nifty Resistance:11461,11525,111600

Nifty Support:11343,11285,11222

 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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