Technical View: Nifty Weekly Forecast

Last Week we gave Chopad Level of 10201 Nifty did all 3 target on downside,Excellent Week for Chopad Followers. Coming Week 18 June is very important Astro Date.

Nifty Harmonic

No Valid Harmonic Pattern Observed.

Nifty Gann Angles

Reacted From Gann Angle resistance.10050-10100 will act as resistance for coming week.

Planetary Cycles and Nifty Movements

Bulls will become active above 10036 for a move back to 10100,10160,10212,10277/10328. Bears will get active below 9920 for a move towards 9870/9800/9733/9666/9610.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 15/18 June  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 10036 for a move back to 10100,10160,10212,10277/10328. Bears will get active below 9936 for a move towards 9870/9800/9733/9666/9610.

Trading Monthly Charts

Nifty Bulls need to move above 10120 range for the rally to continue towards 10300/10500. Break of 9801 bears have upper hand can see fall towards 9721/9610.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 9936

Nifty Resistance : 10000,10070,10144,10210

Nifty Support :9870,9821,9743,9666

 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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