Nifty Weekly Analysis,Ready for Big Move

Last Week we gave Chopad Levels  of 9999,  Nifty gave Short entry to Chopad Followers on Monday did 1 target on downside, Nifty was not able to cross chopad levels for the whole week.Lets see How to trade Nifty in coming week as new time cycle starts from 11 Sep.

 

Nifty Harmonic

 

Gartley Pattern of last week did the target, Now ABCD pattern PRZ Zone is in range of 10030-10040 so this range we need to be cautious, if unable to close above this range we can see correction back till 9800.

Nifty Gann Angles

9840 is gann angle support. Impulsive selling below that only towards 9740/9620/9450.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 11/12 Sep is Gann Turn date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was negative week, with the Nifty down by 39 points  closing @9935 ,still unable to cross resistance at higher end of AF,  Bulls need to close above 10000 for a move towards 10090/10157. Bearish below 9880 for a move towards 9750/9685/9630. Nifty new time cycle start 11 Sep-18 Sep.

 

Trading Monthly charts

Bulls now need Weekly close above 10115 for a move towards 10288/10476. Bearish below 9860 for a move towards 9600/9450.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:9911

Nifty Resistance :9980,10055,10140

Nifty Support :9856,9800,9740

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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