Nifty Weekly Prediction as Corona Rattles Market

Nifty has hit lower circuit and bounced from important gann level of 8480 traded almost near 3 year low. 20 March is very Important Asto Date can see major change in trend. Trade with extreme small size as VIX has reached 51 leading to wild swings. Thanks for all your wishes feeling much better now.

Nifty Harmonic

No Fresh Harmonic Pattern Observed

Nifty Gann Angles

Resistance at 10300-10430.

Planetary Cycles and Nifty Movements

Bulls need to protect 9754-9850 range for a move back to 10000/10160/10300/10430.Bears will get active below 9709 for a move towards 9600,9448,9300,9100

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 17/20 March  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls need to protect 9754-9850 range for a move back to 10000/10160/10300/10430.Bears will get active below 9709 for a move towards 9600,9448,9300,9100

Trading Monthly Charts

Nifty Bulls need to protect 9763-9850 range for this correction to be over.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:9854

Nifty Resistance :10000,10160,10430

Nifty Support :9709,9600,9448,9300,9100

 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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