Last Week we gave Chopad of 11900 Nifty did 2 target on Upside and got Stopped out on downside so average week for chopad followers. Lets Analyze how to trade in coming week as we have important time cycle date of 26 Nov.
Nifty Harmonic
Harmonic target done, Till we are below 11940 bears can see fall towards 11850/11801/11740.
Nifty Gann Angles
Planetary Cycles and Nifty Movements
Bulls will become active above 11940 for a move back to 12000/12080/12167. Bears will get active below 11840 for a move towards 11777/11715/11666/11610.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 26 Nov is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 11940 for a move back to 12000/12080/12167. Bears will get active below 11840 for a move towards 11777/11715/11666/11610.
Trading Monthly charts
Nifty Bulls need to hold 11840 for trend to remain bullish in Nov month and rally towards 12100/12225
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11940
Nifty Resistance:12000,12067,12104
Nifty Support:11881,11821,11777
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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