Last Week we gave Chopad level of 10525 Nifty gave a short trade and did 1 target on downside and Long target on upside did 3 target. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov.
No Valid Pattern Found.
Nifty Gann Angles
Back above Gann Angle,Need to hold 10600 for the upmove to continue further towards 10777/10830/10930.
Planetary Cycles and Nifty Movements
Bullish Above 10712 for a move towards 10777/10830/10930. Bearish below 10570 for a move back to 10500/10410.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 19/23 Nov is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was positive week, with the Nifty up by 97 points closing @10682 .As Discussed in last analysis For coming week as we have holiday so trade light. Bullish above 10570 for a move towards 10645/10700 Bearish below 10500 for a move back to 10450/10385. 05 Nov Important trend change date.
10695 done now bulls need to hold 10712 for a move back to 10777/10850/10930. Bearish below 10600 for a move back to 10525/10470.
Trading Monthly charts
Nifty Bulls should protect 10600 for the Nov month for bullishness to continue for a move back to 10777-10900. Bearish below 10600 for a move back to 10525/10470/10410.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10712
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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