Last Week we gave Chopad level of 11825 Nifty made low of 11812 on Monday and give us long entry and did all 4 target on Upside, even Low made on Friday crash was 11829 so Bulls trades who were alert got another entry and made excellent money so awesome week for chopad followers. Lets see how to trade in coming week as we has RBI Policy in coming week. High made on Friday was 12039 which gave a good short entry as per Emotional High and Low concept of gann in below video
Nifty Harmonic
ABCD target of 12318 till we are holding election day low of 11614.
Nifty Gann Angles
Break out of Gann Angle suggesting higher level coming towards 12100/12300 till we are holding 11829. Below 11810 can see a move back to 11740/11666/11610.
Planetary Cycles and Nifty Movements
Coming Week Bulls need to trade above 11938 for a move back to 11994/12041/12102/12160. Bears will get active below 11910 for a move back to 11830/11777/11710
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 04/07 June is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Coming Week Bulls need to trade above 11938 for a move back to 11994/12041/12102/12160. Bears will get active below 11910 for a move back to 11830/11777/11710
Trading Monthly charts
Bulls need to hold 11829 range for whole of May month for June to keep an upper hand. Bears will get active below 11810 for a move towards 11615
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11938
Nifty Resistance:11992,12041,12102,12160
Nifty Support:11885,11810,11777,11721
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.
Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section
Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863
Follow on Twitter during Market Hours: https://twitter.com/brahmesh