Last Week we gave Chopad level of 10730 Nifty gave a Short trade on Monday did all 3 target on downside and Long on Wednesday did 2 Target on Upside, so EXCELLENT week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 02 Jan.
Till we are holding 10600 we can scale towards 11000/11250/11318
Nifty Gann Angles
Trading near support zone
Planetary Cycles and Nifty Movements
Bulls need to trade above 10890 for a move towards 10940/11100. Bearish below 10800 for a move back to 10730/10666/10610
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 02 Jan is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was positive week, with the Nifty up by 109 points closing @10859 .As discussed in Last Analysis Coming week Bulls need to trade above 10800 for a move towards 10880/10941. Bearish below 10730 for a move back to 10666/10610.
Bullish and Bearish Target done.Bulls need to trade above 10890 for a move towards 10940/11030/11090. Bearish below 10800 for a move back to 10730/10666/10610
Trading Monthly charts
Nifty Bulls need to close above 10941 in December month for the Monthly chart to turn bullish. Lets see Closing on 31 Dec
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10890
Nifty Support:10821,10760 ,10700
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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