Nifty Weekly Forecast for 20-24 Jan

Last Week we gave Chopad of 12260  Nifty made low of 12278 did not come till chopad levels so no trade got triggered. Lets Analyze how to trade in coming week as we approach Important time cycle date of 21 Jan.

Nifty Harmonic

Nifty is reaching towards PRZ zone of 12389-12400.

Nifty Gann Angles

Tool Support at Gann Angle and now heading towards 12444/12500 above 12389

Planetary Cycles and Nifty Movements

Bulls will become active above 123900 for a move back to 12444/12511/12600.Bears will get active below 12320 for a move towards 12280/12230/12180/12111

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 21 Jan is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 123900 for a move back to 12444/12511/12600.Bears will get active below 12320 for a move towards 12280/12230/12180/12111

Trading Monthly Charts

Nifty Bulls heading needs towards Monthly resistance,close above 12389-12400 can start a fresh rally towards 12555/12700

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:12389

Nifty Resistance:12444,12500,12555

Nifty Support:12321,12280,12210

 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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