NIFTY Weekly Technical Analysis as Venus goes Retrograde

Last Week we gave Chopad level of 17577 Bulls did all target on downside so excellent week for chopad followers as  Mercury and Venus Ingress showed impact and we got trending move. Now Coming week we have Venus Retrograde so another big week coming ahead.

Nifty Harmonic Pattern

PRZ Zone at 16613 below 17136

Nifty Gann Angles

99 Week coming

Planetary Cycles and Nifty Movements

Plannetary Support 17850-16900 Resistance 17132

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 20/23 Dec is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price stuck between 2 line of AF

Nifty Monthly Charts

Bulls need to move above 17100 for a move towards 17197/17303. Bears below 16900 move towards 16754/16666

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 17031

Nifty Resistance: 17096,17161,17227,17292,17357

Nifty Support:16969,16903,16837,16772,16729,16666

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