Nifty Weekly Forecast for Jan Monthly Expiry

Last Week we gave Chopad Level of 14343 Nifty gave Short and LONG trade at Chopad Level did  all  target on upside  and 2 Target on downside so “EXCELLENT WEEK” for Chopad Followers. Next we will have Monthly expiry and  Greatest Elongation East of Mercury suggesting another good move coming.

Nifty Harmonic Pattern

Price completed the target now 14100-14065 strong support zone to be held for higher target of 15000.

Nifty Gann Angles

Price in middler of 2 gann angle can see decline towards 14065 on break of 14350.

Planetary Cycles and Nifty Movements

Price heading to Plannetary support of 14065 on break of 14350.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 25/29 Jan is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Nifty formed first weekly lower low and outside bar suggesting 400-500 points move will be seen in coming week. Break of 14343 on downside and break of 14450 on upside should be the tigger point. 

Trading Monthly Charts

Below 14350 fall towards 14225/14065

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 14410

Nifty Resistance: 14488,14555,14610,14666,14754

Nifty Support:14357,14285,14222,14150,14097

 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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