Last Week we gave Chopad level of 10777 Nifty gave Short on Monday did all 3 target on downside Long Trade on Thursday we were able to do 2 target on Upside so EXCELLENT week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 04 Feb.
Nifty Positional Trend Following Trading Strategy
https://www.youtube.com/watch?v=2nBOrnJXt24
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 close above 10930 for a move towards 11000/11040/11100. Bears will get active below 10840 for a move back to 10777/10730.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 04 Feb is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
It was positive week, with the Nifty up by 113 points closing @10893.As discussed in Last Analysis For Coming week Bulls need to close above 10830 for a move towards 10890/10931/10985/11040/11100. Bears will get active below 10730 for a move back to 10666/10610
10985 and 10610 both done. For Coming week Bulls need to close above 10930 for a move towards 11000/11040/11100. Bears will get active below 10840 for a move back to 10777/10730.
Trading Monthly charts
Nifty Bulls need to close above 10987 in Feb month for the Monthly chart to turn bullish.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:10921
Nifty Resistance:10987,11035,11100
Nifty Support:10841,10777,10721
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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Do we need to apply Gann Fan from Nifty top around 11500 to predict the fall?
Hi Bramesh,
Looks like reverse flag on weekly chart showing big fall at least for next three months with stoploss of 11000.
Please advise.
We focus on going with the flow not against the flow..