Nifty Weekly Forecast for 21-25 Jan

Last Week we gave Chopad level of 10816 Nifty gave Short on Monday and did 2 target on Downside and Long Trade on Tuesday  which was able to do 1 target on Upside so average week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 21 Jan.

Nifty Harmonic

Till we are holding 10800 we can scale towards 11000/11250/11318.

Nifty Gann Angles

Trading near support zone

Planetary Cycles and Nifty Movements

Bulls need to trade above 10930 for a move towards 11000/11040/11100. Bears will get active below 10840 for a move back to 10777/10730.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  21/25 Jan  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 67 points  closing @10795.As discussed in Last Analysis 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.

10882 Done,For Coming week Bulls need to close above 10930 for a move towards 11000/11040/11100. Bears will get active below 10840 for a move back to 10777/10730.

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:10930

Nifty Resistance:10995,11050,11111

Nifty Support:10844,10777,10710

 

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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