Technical View: Nifty Weekly Forecast

Last Week we gave Chopad Level of 10636 Nifty did not trigger any trade as  low made was 10676 so no gains for Chopad Followers. Coming Week 13 July is very important Astro Date.

Nifty Harmonic

10850-10870 is the PRZ zone of current ABCD Pattern unable to break 10890 Nifty can correct till 10666/10600/10500

Nifty Gann Angles

DOJI Near gann angle resistance zone of 10850-10890,unable to cross the same fall till 10600/10500.

Planetary Cycles and Nifty Movements

Bulls will become active above 10800 for a move back to 10851,10935,11000,11100. Bears will get active below 10733 for a move towards 10680,10610,10555,10500

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 13/16 July  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 10800 for a move back to 10851,10935,11000,11100. Bears will get active below 10733 for a move towards 10680,10610,10555,10500

Trading Monthly Charts

Nifty Bulls need to break 10890 for the rally to continue towards 11000/11186. Break of 10700 bears have upper hand can see fall towards 10610/10500/10430

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 10733

Nifty Resistance : 10800,10851,10935,11000

Nifty Support :10680,10610,10555,10500

 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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