Last Week we gave Chopad Level of 11403 nifty gave entry on long did 3 target on UPSIDE so EXCELLENT Week for Chopad Followers.As Sun Ingress,Mercury at Aphelion and Monthly Expiry good move should be seen in coming week.
Nifty Harmonic
Pirce coming near Butterfily Pattern PRZ Zone of 11500-11542.
Nifty Gann Angles
Bounced from Gann Angle Support zone
Planetary Cycles and Nifty Movements
Price taking Resistance now at 11500-11542 Range.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 22 Sep is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Price got Resisted at Weekly Channel.
Trading Monthly Charts
Nifty Bulls now need to move above 11535 for a rally towards 11585/11666/11721/11800. Bears below 11442 can push towrads 11385/11300.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 11442
Nifty Resistance: 11535,11584,11666,11721
Nifty Support:11385,11324,11266,11200
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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great insights..as told below trend change level 11442 ,huge selling pressure witnessed but in tandem with Europe markets ..I expected this move on 22nd September as told by you
tHANK YOU !!
Excellent analysis.
Thanks !!