Mercury at Extreme Declination:Nifty Weekly Forecast

By | July 18, 2021

Last Week We gave Chopad Level of  15777 Nifty gave both LONG and SHORT Entry which  did 1 target on DOWNSIDE and 2 target on Upside so AVERAGE Week for Chopad Followers. Coming week we have mulitple Astro Dates involving Mercury and also gann weekly cycle also completing so Voaltile week coming.

Nifty Harmonic Pattern

Price almsot reached the PRZ Zone of 16000, Now heading down towards 15681

Nifty Gann Angles

Price is uable to cross gann angle resistance zone

Planetary Cycles and Nifty Movements

Price took resistance at above Mercury line and corrected.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 19/21 July  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price knocking resitance zone for 4 time. 

Trading Monthly Charts

Monthly Chart Below 15941  Bears have upperhand and Bulls need to protect 15681 on downside.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 15729

Nifty Resistance: 15795,15843,15920,16042,16125

Nifty Support:15681,15625,15555,15501,15438,15376

 Levels mentioned are Nifty Spot,Updated After Gap Down Opening

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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