Nifty Weekly Prediction for 17-21 Feb

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.

Nifty Harmonic

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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