Last Week we gave Chopad of 11940 Nifty did 2 target on downside so good week for chopad followers. Lets Analyze how to trade in coming week as Mercury goes retrograde.
Nifty Harmonic
Waiting for 11975/12100/12167.
Nifty Gann Angles
Planetary Cycles and Nifty Movements
Bulls will become active above 11900 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 18/21 Nov is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 11900 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:11900
Nifty Resistance:11975,12034,12101
Nifty Support:11821,11777,11721
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.
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