Last Week we gave Chopad level of 11025 Nifty gave Short entry on Monday did 2 target on Downside same day, another opportunity came on Wednesday and did 1 Target on downside so Excellent week for chopad followers. High for the week was made on 18 July our time cycle date. Lets see how we trade nifty in coming week as we approach all time high.
Nifty Harmonic
As Discussed in last analysis Now till we are holding 10890 we can move all the way till 11216-11245.
No Change till we do not break 10890 we are heading towards 11172/11236/11300.
Nifty Gann Angles
As Discussed in last analysis 11000 done now waiting for the next target of 11250-11268 till we are holding 10900.
Till we are holding 10920 bulls have upperhand can take nifty towards 11088/11172/11216.
Planetary Cycles and Nifty Movements
As Discussed in last analysis Now bulls need to closed 11025 for the up move to continue towards 11088/11171/11236. Bearish below 10980 for a move towards 10920/10810.
Unable to close above 11025, Below 10980 did 10926 Coming week bulls need to closed 11046 for the up move to continue towards 11088/11171/11236. Bearish below 10920 for a move towards 10810/10730.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 23/26 July is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was negative week, with the Nifty down by 8 points closing @11010 .As Discussed in last analysis Now bulls need to closed 11025 for the up move to continue towards 11088/11171/11236. Bearish below 10980 for a move towards 10920/10810.
Unable to close above 11025, Below 10980 did 10926 Coming week bulls need to closed 11046 for the up move to continue towards 11088/11171/11236. Bearish below 10920 for a move towards 10810/10730.
Trading Monthly charts
As Discussed in last analysis Bulls need to hold 10920 for remaining part of the month for the move towards 11236-11400.
Low made was 10946 so 10920 is protected till now.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11046
Nifty Resistance:11088,11154,11236
Nifty Support :10970,10920,10855
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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