Nifty Weekly Forecast for 11-15 March

Last Week we gave Chopad level of 10890  Nifty gave Long on Tuesday did 3 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 15 March. Bottom for the last week was made on 05 March our time cycle date.

Nifty Time Cycle

Nifty Harmonic

Holding the 11000 we can again revisit  11225/11263

Nifty Gann Angles

Bounced from support zone

Planetary Cycles and Nifty Movements

Bulls now need a close above 11060 for up move to continue further towards 11125/11225/11310. Bears will get active below 10998 for a move back to 10930/10866..

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  12/15 March  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was positive week, with the Nifty up by 71 points  closing @10791.As discussed in Last Analysis  Bulls Need to close above 10890 for a move towards 10933/11000/11070. Bearish below 10721 for a move back to 10666/10620.

11070 done, Coming week Bulls now need a close above 11060 for up move to continue further towards 11125/11225/11310. Bears will get active below 10998 for a move back to 10930/10866.

Trading Monthly charts

As discussed in Last Analysis Nifty Bulls need to close above 10890 in March month for the Monthly chart to turn bullish.Bears need to close below 10730 to turn bearish,

Bulls now need a close above 11060 for upmove to continue further towards 11125/11225/11310.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11061

Nifty Resistance:11118,11177,11225

Nifty Support:10998,10930,10866

 

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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