Nifty Weekly Forecast for 24-28 Dec

By | December 23, 2018 6:19 pm

 Last Week we gave Chopad level of 10777 Nifty gave a Short trade on Friday and failed to do any target on downside , so average week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 24 Dec.

Nifty Bank Nifty Time Cycle 20 Dec and 29 Dec Video

Nifty Harmonic

Till we are holding 10600 we can scale towards 11000/11250/11318

Nifty Gann Angles

Trading near support zone

Planetary Cycles and Nifty Movements

Bulls need to trade above 10800 for a move towards 10880/10941. Bearish below 10730 for a move back to 10666/10610

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  24 Dec is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was negative week, with the Nifty down by 51 points  closing @10754.As discussed in Last Analysis Coming Week Bulls need to protect 10700  and close above 10816 for upmove to continue towards 10882/10941/11000/111000. Bearish below 10690 for a move back to 10610/10561/10485

Coming week Bulls need to trade above 10800 for a move towards 10880/10941. Bearish below 10730 for a move back to 10666/10610

Trading Monthly charts

Nifty Bulls need to close above 10941 in December month for the Monthly chart to turn bullish.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10730

Nifty Resistance:10800,10880,10941

Nifty Support:10666,10610 ,10555

 

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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