Nifty Weekly Forecast for Aug Expiry

 Last Week we gave Chopad of 11060 Nifty did all 3 target on downside so awesome week for chopad followers.

Nifty Harmonic

No Valid Harmonic Pattern Observed.

Nifty Gann Angles

Fall stopped at Gann angle support on weekly time frame,Holding 10909  relief rally till 11000/11146/11230/11400.

Planetary Cycles and Nifty Movements

Bulls will become active above 10871 for a move back to 10943/11060/11111/11183/11255/11360. Bears will get active below 10800 for a move towards 10730/10666/10610.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  28/30 Aug is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 10871 for a move back to 10943/11111/11183/11255/11360. Bears will get active below 10800 for a move towards 10730/10666/10610.

Trading Monthly charts

Nifty Bulls need to close above 10890 for trend to reverse and rally towards 11128.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:10871

Nifty Resistance:10941,11020,11100

Nifty Support:10821,10743,10666

 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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