Last Week we gave Chopad level of 11847 Nifty did 3 target on downside as High of the week was 11844 so EXCELLENT week for chopad followers. Lets see how to trade in coming week as we Important GANN date coming on 24 June.
Nifty Harmonic
ABCD target of 12318 till we are holding election day low of 11614.
Nifty Gann Angles
Break out of Gann Angle suggesting higher level coming towards 12100/12300 till we are holding election low of 11614
Planetary Cycles and Nifty Movements
Coming Week Bulls need to trade above 11731 for a move back to 11837/11910/11994/12041/12102/12160. Bears will get active below 11700for a move back to 11666/11610/11512
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 24/26 June is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Coming Week Bulls need to trade above 11731 for a move back to 11837/11910/11994/12041/12102/12160. Bears will get active below 11700for a move back to 11666/11610/11512
Trading Monthly charts
Bulls need to move above 11820 before monthly closing to keep an upper hand
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11731
Nifty Resistance:11800,11847,11910,11984
Nifty Support:11666,11614,11555
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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