Last Week we gave Chopad level of 10323 Nifty gave Long entry did Whipsaw Short Entry and did all 3 target on Downside Lets see how we trade nifty in coming week as we approach important time cycle date of 29 Oct.
Nifty Harmonic
No Valid Harmonic Pattern Observed
Nifty Gann Angles
Break of Gann Angle.Below 10000 fast move towards 9826
Planetary Cycles and Nifty Movements
As Discussed in last analysis Bears need to break 10250 for the move back to 10170/10090/10000. Bullish above 10404 for a move back to 10470/10525.
10004 done, Now for coming week Bulls need to close above 10090 for a move back to 10150/10200. Bearish below 10000 for a move back to 9930/9826.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 29 Oct is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was negative week, with the Nifty down by 273 points closing @10030 .As Discussed in last analysis Bears need to break 10250 for the move back to 10170/10090/10000. Bullish above 10404 for a move back to 10470/10525.
10004 done, Now for coming week Bulls need to close above 10090 for a move back to 10150/10200. Bearish below 10000 for a move back to 9930/9826. 29 Oct important time cycle date.
Trading Monthly charts
October has been bad month historically now Bears have upper hand till we are below 10494 for a move towards 10088/9800.
1088 done waiting for 9826.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10090
Nifty Resistance:10147,10224,10290
Nifty Support:10010,9930,9826
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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