Technical View: Nifty Weekly Forecast

Last Week we gave Chopad Level of 10297 Nifty did all 4 target on Upside Not a single day closed below 10297 so Excellent Week for Chopad Followers. Coming Week 06 July is very important Astro Date.

Nifty Harmonic

10733 is the level to watch for next few days as its the PRZ zone for Nifty ABCD Pattern.

Nifty Gann Angles

Closed above  Gann Angle resistance.10570-10540 will act as Support for coming week.

Planetary Cycles and Nifty Movements

Bulls will become active above 10636 for a move back to 10690,10740,10821,10890. Bears will get active below 10520 for a move towards 10520,10487,10420.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 06/10 July  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 10636 for a move back to 10690,10740,10821,10890. Bears will get active below 10520 for a move towards 10520,10487,10420.

Trading Monthly Charts

Nifty Bulls need to hold 10510-10470 range for the rally to continue towards 10725/10821/10910. Break of 10450 bears have upper hand can see fall towards 10395/10200/10062.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 10636

Nifty Resistance : 10690,10740,10821,10890

Nifty Support :10570,10520,10487,10420

 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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