Nifty Weekly Forecast as RBI Announces another Bazooka

Last Week we gave Chopad Level of 8990 Nifty did 1 target on downside and 2 target on upside as we closed above 8990 on Thursday before we saw big gap up so good week for choapd followers. Coming week we have important astro date on 20 April.

Nifty Harmonic

No Fresh Harmonic Pattern Observed.

Nifty Gann Angles

Resistance in the zone of 9444-9472.

Planetary Cycles and Nifty Movements

Bulls will become active above 9300 for a move back to 9343/9470/9555/9610.Bears will get active below 9210 for a move towards 9137/9070/9000/8920.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 20/24 April  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 9300 for a move back to 9343/9470/9555/9610.Bears will get active below 9210 for a move towards 9137/9070/9000/8920.

Trading Monthly Charts

Nifty Bulls need to hold 9070-9100 range for the rally to continue towards 9470.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:9261

Nifty Resistance :9323,9410,9472,9555,9610

Nifty Support :9210,9140,9070,9000,8920

 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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