Last Week we gave Chopad level of 10890 Nifty gave a Short trade on Monday did all 1 target on downside and Long on Tuesday hit SL Short did 3 Target on downside , so EXCELLENT week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 08 Jan.
Till we are holding 10600 we can scale towards 11000/11250/11318,Low made last week was 10628 and bounced back.
Nifty Gann Angles
Trading near support zone
Planetary Cycles and Nifty Movements
Bulls need to trade above 10816 for a move towards 10890/10940/11100. Bearish below 10730 for a move back to 10666/10610
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 08 Jan is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was negative week, with the Nifty down by 132 points closing @10727.As discussed in Last Analysis Bulls need to trade above 10890 for a move towards 10940/11030/11090. Bearish below 10800 for a move back to 10730/10666/10610
Bearish target done, Now Bulls need to close above 10816 for a move back to 10882/10933/10985. Bearish below 10730 for a move back to 10666/10610/10570/10512
Trading Monthly charts
Nifty Bulls need to close above 10881 in January month for the Monthly chart to turn bullish.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10816
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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