Last Week we gave Chopad of 11940 Nifty did 1 target on upside and 1 on downside forming a Weekly DOJI so average week for chopad followers. Coming week market will react to Ayodha Verdict and trading holiday on 12 Nov.
Nifty Harmonic
As discussed in last analysis Bull now need to hold 11821 for rally to continue towards 12000/12100/12167.
12000 done now waiting for 12100/12167.
Nifty Gann Angles
As discussed in last analysis Closed above resistance zone heading towards 12000/12080 till we are holding 11821.
2000 done now waiting for 12100/12167.
Planetary Cycles and Nifty Movements
Bulls will become active above 11950 for a move back to 12000/12080/12167. Bears will get active below 11850 for a move towards 11777/11715/11666/11610.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 11/14 Nov is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 11950 for a move back to 12000/12080/12167. Bears will get active below 11850 for a move towards 11777/11715/11666/11610.
Trading Monthly charts
Nifty Bulls need to hold 11850 for trend to remain bullish in Nov month and rally towards 12100/12225
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:11950
Nifty Resistance:12011,12080,12167
Nifty Support:11885,11821,11747
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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