Nifty Weekly Forecast after Ayodhya Verdict

By | November 10, 2019 3:25 pm

 Last Week we gave Chopad of 11940 Nifty did 1 target  on upside and 1 on downside forming a Weekly DOJI so average week for chopad followers. Coming week market will react to Ayodha Verdict and trading holiday on 12 Nov.

Nifty Harmonic

As discussed in last analysis Bull now need to hold 11821 for rally to continue towards 12000/12100/12167.

12000 done now waiting for 12100/12167.

Nifty Gann Angles

As discussed in last analysis Closed above resistance zone heading towards 12000/12080 till we are holding 11821.

2000 done now waiting for 12100/12167.

Planetary Cycles and Nifty Movements

Bulls will become active above 11950 for a move back to 12000/12080/12167. Bears will get active below 11850 for a move towards 11777/11715/11666/11610.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 11/14 Nov is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 11950 for a move back to 12000/12080/12167. Bears will get active below 11850 for a move towards 11777/11715/11666/11610.

Trading Monthly charts

Nifty Bulls need to hold 11850 for trend to remain bullish in Nov month and rally towards 12100/12225

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11950

Nifty Resistance:12011,12080,12167

Nifty Support:11885,11821,11747

 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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