Nifty Weekly Forecast for Diwali Week

By | October 21, 2019

 Last Week we gave Chopad of 11321 Nifty did 3 target  on upside so awesome week for chopad followers. Coming week we are nearing confluence of time cycle date on 23 Oct

Nifty Harmonic

Bulls need to close above 11666 we can rally back to 11743/11800/11930.

Nifty Gann Angles

Approaching resistance zone of 11666-11700.

Planetary Cycles and Nifty Movements

Bulls will become active above 11680 for a move back to 11722/11777/11830/11886. Bears will get active below 11599 for a move towards 11521/11453/11400/11335

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

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

Nifty Weekly Chart

Bulls will become active above 11680 for a move back to 11722/11777/11830/11886. Bears will get active below 11599 for a move towards 11521/11453/11400/11335

Trading Monthly charts

Nifty Bulls need to hold 11478  for trend to remain bullish in Oct month and rally towards 11889/12000

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11680

Nifty Resistance:11733,11787,11842

Nifty Support:11625,11570,11510

 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.

Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section

Follow on Facebook during Market Hours:  https://www.facebook.com/pages/Brameshs-Tech/140117182685863

Follow on Twitter  during Market Hours:  https://twitter.com/brahmesh

Leave a Reply