Last Week we gave Chopad of 12107 Nifty Did 1 target on downside and 2 target on upside so excellent week for Chopad Followers. Lets see how to trade next week as we have important time cycle date on 19 Feb.
Break of 11990 can see fall extending towards 11896/11800.
Nifty Gann Angles
Support at 11990
Planetary Cycles and Nifty Movements
Bulls will become active above 12107 for a move back to 12167/12216/12301.Bears will get active below 12028 for a move towards 11990/11896/11800.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 16/19 Feb is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 12119 for a move back to 12172/12231/12301.Bears will get active below 12080 for a move towards 11990/11896/11800.
Trading Monthly Charts
Nifty Bulls need to hold 12020-12030 range for Month to remains Bullish.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:12119
Nifty Resistance :12172,12225,12301
Nifty Support :12040,11990,11896
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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