Nifty Weekly Forecast for July Monthly Closing

Last Week we gave Chopad level of 11046 Nifty gave Long entry on Monday did 3 target  on Upside so Excellent week for chopad followers. Low for the week was made on 23 July our time cycle date. Lets see how we trade nifty in coming week as we approach monthly closing.

Nifty Harmonic

As Discussed in last analysis No Change till we do not break 10890 we are heading towards 11172/11236/11300.

We did 11283 and now waiting for extended target of 10395.

Nifty Gann Angles

As Discussed in last analysis Till we are holding 10920 bulls have upperhand can take nifty towards 11088/11172/11216.

All Target done now heading towards the resistance zone of 10380-10400.

Planetary Cycles and Nifty Movements

 

As Discussed in last analysis Coming week bulls need to closed 11046 for the up move to continue towards 11088/11171/11236. Bearish below 10920 for a move towards 10810/10730.

All Target done now bulls need a close above 10300 for the next round of upmove towards 10343-10395. Bearish below 11236 for a move back to 11184/11125/11068/11000

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 30 July/ 01 Aug is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 2688 points  closing @11278 .As Discussed in last analysis Coming week bulls need to closed 11046 for the up move to continue towards 11088/11171/11236. Bearish below 10920 for a move towards 10810/10730.

All Target done now bulls need a close above 10300 for the next round of upmove towards 10343-10395. Bearish below 11236 for a move back to 11184/11125/11068/11000

Trading Monthly charts

As Discussed in last analysis Bulls need to hold 10920 for remaining part of the month for the move towards 11236-11400.

11283 done and waiting for 11400

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11290

Nifty Resistance:11343,11400,11463

Nifty Support :10236,11184,11100

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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