Nifty Weekly Forecast for January Expiry

Last Week we gave Chopad of 12389 Nifty opened with a Gap up at 12430 perfect level for Gann Price Time Squaring  and did all 3 target on downside. Lets Analyze how to trade in coming week as we approach Important time cycle date of 29 Jan.

Nifty Harmonic

Corrected 300 points from PRZ Zone of 12400. No Valid Harmonic Pattern Observed.

Nifty Gann Angles

Gann Angle support at 12080.

Planetary Cycles and Nifty Movements

Bulls will become active above 12260 for a move back to 12321/12376/12430/12511/12.Bears will get active below 12200 for a move towards12141/ 12080/12000.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 27/29 Jan is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 12260 for a move back to 12321/12376/12430/12511/12.Bears will get active below 12200 for a move towards12141/ 12080/12000.

Trading Monthly Charts

Nifty Bears corrected from Monthly resistance and now below 12200 can see fall towards 12080.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:12260

Nifty Resistance:12321,12376,12421

Nifty Support:12200,12141,12080

 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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