Nifty Weekly Forecast for 19-23 Aug

By | August 19, 2019

 

Nifty Harmonic

No Valid Harmonic Pattern Observed.

Nifty Gann Angles

Fall stopped at Gann angle support on weekly time frame,Holding 10850 relief rally till 11360.

Planetary Cycles and Nifty Movements

Bulls will become active above 11060 for a move back to 11111/11183/11255/11360. Bears will get active below 10971 for a move towards 10920/10850/10791.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  19/21/23 Aug is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 11060 for a move back to 11111/11183/11255/11360. Bears will get active below 10971 for a move towards 10920/10850/10791.

Trading Monthly charts

Nifty Bulls need to close above 11060 for trend to reverse and rally towards 11366.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11060

Nifty Resistance:11111,11183,11255

Nifty Support:11000,10920,10843

 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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