Last Week we gave Chopad of 12100 Nifty did 1 target on downside and 3 target on upside so EXCELLENT week for Chopad followers. Lets Analyze how to trade in coming week as we have important time cycle date of 26 Dec.
Nifty Harmonic
Heading towards PRZ zone of 12351/12400.
Nifty Gann Angles
Break of Gann Angle heading towards gann cycle completion of 12351.
Planetary Cycles and Nifty Movements
Bulls will become active above 12300 for a move back to 12351/12430/12600.Bears will get active below 12200 for a move towards 12120/12050/12000.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 23/26 Dec is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 12300 for a move back to 12351/12430/12600.Bears will get active below 12200 for a move towards 12120/12050/12000.
Trading Monthly charts
Nifty Bulls heading towards resistance zone of 12351-12362
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:12300
Nifty Resistance:12350,12410,12461
Nifty Support:12245,12191,12120
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.
Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section
Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863
Follow on Twitter during Market Hours: https://twitter.com/brahmesh