Nifty Weekly Forecast

Last Week we gave Chopad of 12010  Nifty did all 2 target on downside and 1 target on upside so average week for Chopad followers. Lets Analyze how to trade in coming week as we have important time cycle date of 10 Dec.

Nifty Harmonic

As discussed in last analysis Harmonic target done, Below 12000 bears can see fall towards 11930/11850/11801/11740.

Waiting for 11801/11756 to come.

Nifty Gann Angles

As discussed in last analysis Close below 12000 bears can get back in game for 11930/11870/11715, Bulls above 12080 for move towards 12167/12225.

Waiting for 11801/11756 to come.

Planetary Cycles and Nifty Movements

Bulls will become active above 12000 for a move back to 12080/12167/12225. Bears will get active below 11880 for a move towards 11821/11740.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 10 Dec is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 12000 for a move back to 12080/12167/12225. Bears will get active below 11880 for a move towards 11821/11740.

Trading Monthly charts

Nifty bears need to hold below 12010 for trend to remain bearish in Dec month fall towards 11850/11650.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11910

Nifty Resistance:11980,12030,12100

Nifty Support:11840,11785,11740

 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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