Last Week we gave Chopad level of 11797 Nifty gave Short on Thursday as High made on Expiry day was 11796.8 and did 2 target on downside and missed 3 target by 14 points as low made was 11624 and our target was 11610, Also target were done in 20 mins beauty of our levels, so Excellent week for Chopad Followers. Let see how to trade in coming week as we have Holiday shortened week.
Nifty Harmonic
11564 Done almost near 11550.
Nifty Gann Angles
Reacted from gann angle resistance zone, now bulls need to move above 11797 for a move towards 11856/11910/11964. Break below 11705 it can see fall towards 11666/11610/11570/11512
Planetary Cycles and Nifty Movements
Coming Week Bulls need to trade above 11797 for a move back to 11850/11894/11940/12011. Bears will get active below 11705 for a move back to 11666/11610/11570/11525.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 02 May is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Coming Week Bulls need to trade above 11797 for a move back to 11850/11894/11940/12011. Bears will get active below 11705 for a move back to 11666/11610/11570/11525.
Trading Monthly charts
Bulls need to hold 11550-11570 range for whole of April month for bulls to keep an upper hand.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11797
Nifty Resistance:11856,11910,11960
Nifty Support:11740,11666,11610
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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