Last Week we gave Chopad level of 11910 Nifty did 1 target on upside and 1 on downside so average week for chopad followers. Lets see how to trade in coming week as we Important astro date coming on 21 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 11810. Below 11769 can see a move back to 11710/11666/11610.
Planetary Cycles and Nifty Movements
Coming Week Bulls need to trade above 11847 for a move back to 11910/11994/12041/12102/12160. Bears will get active below 11769 for a move back to 11710/11666/11610
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 18/21 June is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Coming Week Bulls need to trade above 11847 for a move back to 11910/11994/12041/12102/12160. Bears will get active below 11769 for a move back to 11710/11666/11610
Trading Monthly charts
Bulls need to hold 11810 range for whole of June month to keep an upper hand. Bears will get active below 11769 for a move towards 11721/11615
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11847
Nifty Resistance:11910,11992,12041,12103
Nifty Support:11769,11721,11666
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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