Technical View: Nifty Weekly Forecast for June Expiry

By | June 21, 2020 3:09 pm

Last Week we gave Chopad Level of 9936 Nifty did all 3 target on Upside and downside both ,Excellent Week for Chopad Followers. Coming Week 22 June is very important Astro Date.

Nifty Harmonic

Till we are holding 18 June low of 9845 Bulls can rally towards 10533/10800 to complete the pattern.

Nifty Gann Angles

Closed above  Gann Angle resistance.10050-10100 will act as Support for coming week.

Planetary Cycles and Nifty Movements

Bulls will become active above 10201 for a move back to 10252,10312,10368,10436/10500. Bears will get active below 10140 for a move towards 10090/10000/9936/9870/9820.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 22/25 June  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 10201 for a move back to 10252,10312,10368,10436/10500. Bears will get active below 10140 for a move towards 10090/10000/9936/9870/9820.

Trading Monthly Charts

Nifty Bulls need to hold 10200-10180 range for the rally to continue towards 10300/10500. Break of 10100 bears have upper hand can see fall towards 10000/9936/9820.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 10201

Nifty Resistance : 10252,10312,10368,10444

Nifty Support :10142,10090,10000,9936

 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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