Nifty Weekly Forecast for May Expiry

Last Week we gave Chopad Level of 9086 Nifty opened with a gap down and did  3 target on downside so EXCELLENT week for chopad followers. Coming week we have 2 important astro date on 26/28 May.

Nifty Harmonic

18 May low is crucial from rally to come in Nifty towards 9300-9400.

Nifty Gann Angles

Trading between gann angle,Break of 8900 fall towards 8600.. Break of 9100 rally back to 9300.

Planetary Cycles and Nifty Movements

Bulls will become active above 9025 for a move back to 9090,9160,9210,9300. Bears will get active below 8960 for a move towards 8910,8843,8750.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 26/28 May  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 9025 for a move back to 9090,9160,9210,9300. Bears will get active below 8960 for a move towards 8910,8843,8750.

Trading Monthly Charts

Nifty Bulls need to move above 9100 range for the rally to continue towards 9200/9333. Break of 8960 bears have upper hand can see fall towards 8843/8700.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 9025

Nifty Resistance : 9090,9160,9210,9300

Nifty Support :8968,8910,8843,8750

 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.

Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section

Follow on Facebook during Market Hours:  https://www.facebook.com/pages/Brameshs-Tech/140117182685863

Follow on Twitter  during Market Hours:  https://twitter.com/brahmesh

1 thought on “Nifty Weekly Forecast for May Expiry”

Leave a Reply