Last Week we gave Chopad Level of 9301 Nifty opened with a gap down and did all 3 target on downside so EXCELLENT week for chopad followers. Coming week we have 2 important astro date on 18/20 May.
No new pattern observed.
Nifty Gann Angles
Trading between gann angle,Break of 8900 fall towards 8600.. Break of 9200 rally back to 9500.
Planetary Cycles and Nifty Movements
Bulls will become active above 9200 for a move back to 9301/9370/9484/9564. Bears will get active below 9050 for a move towards 9000/8925/8830/8725.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 18/20 May is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 9200 for a move back to 9301/9370/9484/9564. Bears will get active below 9086 for a move towards 9000/8925/8830/8725.
Trading Monthly Charts
Nifty Bulls need to move above 9270-9300 range for the rally to continue towards 9970. Break of 9200 bears have upper hand can see fall towards 8972/8650.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:9086
Nifty Resistance : 9160,9241,9312,9400
Nifty Support :9000,8925,8843,8750
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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