NIFTY Weekly Technical Analysis

By | December 12, 2021 8:00 pm

Last Week we gave Chopad level of 17159 Bulls did all target on upside and Bears did 3 target on downside so excellent week for chopad followers as Venus Ingres showed its impact.Coming Week we have Double Ingress which should lead to another round of trending move in Nifty.

Nifty Harmonic Pattern

Above 17576 Tgt 18000.

Nifty Gann Angles

Price aoppraching 1×1 line again.

Planetary Cycles and Nifty Movements

Plannetary Resistance 17576-17600 above this quick rally till 17900.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 13/16 Dec is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

First Higher Low and Higher High on Weekly chart.

Nifty Monthly Charts

Bulls need to move above 17576 for a move towards 17777/17900. Bears below 17410 move towards 17315/17217

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 17577

Nifty Resistance: 17643,17709,17775,17841,17906

Nifty Support:17511,17445,17379,17315,17225

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.

Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section

Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863

Follow on Twitter during Market Hours: https://twitter.com/brahmesh

Leave a Reply