Technical View: Nifty Weekly Forecast

Last Week we gave Chopad Level of 9610 Nifty opened with huge gap up, and unable to initiate the trade. Coming week 10 June will be an important time cycle.

Nifty Harmonic

Holding 10120-10100 range heading towards PRZ Zone of 10550-10600

Nifty Gann Angles

Near Gann Angle resistance

Planetary Cycles and Nifty Movements

Bulls will become active above 10201 for a move back to 10260,10311,10399,10465. Bears will get active below 10120 for a move towards 10075,10000,9944.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 08/10 June  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 10201 for a move back to 10260,10311,10399,10465. Bears will get active below 10120 for a move towards 10075,10000,9944.

Trading Monthly Charts

Nifty Bulls need to move above 10311 range for the rally to continue towards 10600/10888. Break of 10120 bears have upper hand can see fall towards 10060/9944.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 10201

Nifty Resistance : 10260,10311,10399,10465

Nifty Support :10130,10075,10000,9944

 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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