Last Week we gave Chopad Level of 11236 Nifty did 1 target on downside and 2 target on upside multiple time as low made was 11238/11242 so Excellent week for Chopad Followers. Coming Week 17 Aug is very important Astro Date.
As discussed in Last Anlysis Fall started from ABCD PRZ Zone, Now bears need to break 11000 for a fall towards 10939/10887/10783. Now break of 11150 can see fall back to 11100,11025,10970,10910
Nifty Gann Angles
Back to Gann Angle Resistance
Planetary Cycles and Nifty Movements
Price got rejected from Moon Plannetary line, Resistance in Zone of 11300-11320, Break of that can see rally back to 11400/11448. Break of 11155 fall can extend towards 11100,11025,10970,10910
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 17/21 Aug is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Took Resistance at Weekly Channel for 2 time and also we are entering 13 Week on Weekly chart which is genereally bearish.
Trading Monthly Charts
Nifty Bulls need to break 11238 for the rally to continue towards 11341/11449. Break of 11155 bears have upper hand can see fall towards 11100,11025,10970,10910.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 11155
Nifty Resistance: 11218,11300,11360,11444
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