Last Week we gave Chopad level of 10930 Nifty gave Long on Monday and got Stopped Out and Short Trade on Tuesday/Friday we were able to do 2 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 29 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 10830 for a move towards 10888/10931/11000/11040/11100. Bears will get active 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 29 Jan/01 Feb is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was negative week, with the Nifty down by 127 points closing @10780.As discussed in Last Analysis 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.
Friday High 10931 so playing crucial Role, For Coming week Bulls need to close above 10830 for a move towards 10890/10931/10985/11040/11100. Bears will get active below 10730 for a move back to 10666/10610
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:10777
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.
Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section
Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863
Follow on Twitter during Market Hours: https://twitter.com/brahmesh