Last Week we gave Chopad level of 10730 Nifty gave Short entry on 04 June and did 3 target on Downside,Long were triggered on Thursday and did 2 target on Upside so an excellent week for chopad followers. 05 June our time cycle date we made bottom and 06 June Astro date shared in Daily analysis we did start the big rally Lets see how we trade nifty in coming week, as we approach Important time cycle date on 12 June.
Nifty Harmonic
As discussed in last analysis 10730 done now waiting for 10800/10888.
10800 done now waiting for 10888/11000/11100
Nifty Gann Angles
10800 done now waiting for 10888/11000/11100
Planetary Cycles and Nifty Movements
As discussed in last analysis Now range for 10800-10830 is important planetary price resistance zone, Bulls need to cross this range, Bearish below 10610 for a move back to 10555/10470.
10818 high so bulls unable to cross the planetary price resistance zone. Bulls need to close above 10800 for the next move towards 10888/10930/11000. Bearish below 10700 for a move back to 10666/10610/10555
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 12/14 June is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was positive week, with the Nifty up by 71 points closing @10767 .As discussed in last analysis Coming week bulls need to close above 10730 for a the move to continue towards 10800/10888. Bearish below 10666 for a move back to 10610/10555
Coming week Bulls need to close above 10800 for the next move towards 10888/10930/11000. Bearish below 10700 for a move back to 10666/10610/10555. Time Cycle confluence of dates coming on 12-14 June.
Trading Monthly charts
Bulls need to close above 10730 for rest of June series for momentum to continue on upside.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10800
Nifty Resistance:10870,10930,11000
Nifty Support :10730,10666,10610
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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