Nifty Weekly Forecast for 18-22 Nov

Last Week we gave Chopad of 11940 Nifty did 2 target on downside  so good week for chopad followers. Lets Analyze how to trade in coming week as Mercury goes retrograde.

Nifty Harmonic

Waiting for 11975/12100/12167.

Nifty Gann Angles

Another Close above resistance zone heading towards 12000/12080 till we are holding 11821.

Planetary Cycles and Nifty Movements

Bulls will become active above 11900 for a move back to 12000/12080/12167. Bears will get active below 11850 for a move towards 11777/11715/11666/11610.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 18/21 Nov is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 11900 for a move back to 12000/12080/12167. Bears will get active below 11850 for a move towards 11777/11715/11666/11610.

Trading Monthly charts

Nifty Bulls need to hold 11850 for trend to remain bullish in Nov month and rally towards 12100/12225

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11900

Nifty Resistance:11975,12034,12101

Nifty Support:11821,11777,11721

 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