Last Week we gave Chopad Level of 11600 Nifty gave SHORT Entry which got stopped out and LONG did all Target on UPSIDE so “EXCELLENT WEEK” for Chopad Followers and we got the Big Move on 28 Oct . Next week will be very Intresting as we Bihar Elections 2020 and Mercury Ingrees suggesting another big move round the corner.
Nifty Elliot Wave
12321-12329 should be watched from Gann and Elliot wave perpective.
Nifty Gann Angles
Price bounced from the support zone of gann angle.
Planetary Cycles and Nifty Movements
Price closed above Plannetary Resistance zone.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 10/12 Nov is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Weekly Chart closed above the Resistance zone.
Trading Monthly Charts
Price has closed above Monthly resistance zone,heading towards ATH
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 12321
Nifty Resistance: 12377,12430,12488,12544
Nifty Support:12260,12211,12155,12100,12025
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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Thank you Bramesh. You are one of the genuine analysts in India.
mometum is on upside so till no lower low made on hourly direction on upside..
Great analysis, in your previous video, you were expecting NIFTY to fall and you were comparing that with Dow as well, do you foresee any fall in Nifty or all the levels are breached and moving higher, your views please.