Bihar Elections 2020:Nifty Weekly Forecast

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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3 thoughts on “Bihar Elections 2020:Nifty Weekly Forecast”

  1. 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.

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