Retrograde Mercury :Nifty Weekly Forecast

Last Week We gave Chopad Level of  15101 Nifty  made low of 15146 and did not gave Long Entry  so no Trade for Chopad Followers, We saw the effect  Saturn Retrograde,Total Lunar Eclipse NIfty HItting all time High. Coming week we can see another good move as Mercury goes retrograde and Gann Date coming.

Nifty Harmonic Pattern

Price heading towards the PRZ zone of 15541-15555 till we are holding 15385.

Nifty Gann Angles

Price taking resistance at gann angles.

Planetary Cycles and Nifty Movements

Price moved above the resistance zone.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 31 May/02 June  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price moved above weekly support zone. 

Trading Monthly Charts

Til Monthly Chart holding 15271 Bulls have upper hand towards 15798/16000

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 15444

Nifty Resistance: 15541,15610,15674,15729

Nifty Support:15385,15307,15230,15144,15031

 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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