Last Week we gave Chopad of 11940 Nifty did all 3target on Upside so excellent week for Chopad followers. Lets Analyze how to trade in coming week as we have important time cycle date of 02 Dec.
Nifty Harmonic
Harmonic target done, Below 12000 bears can see fall towards 11930/11850/11801/11740.
Nifty Gann Angles
Close below 12000 bears can get back in game for 11930/11870/11715, Bulls above 12080 for move towards 12167/12225.
Planetary Cycles and Nifty Movements
Bulls will become active above 12080 for a move back to 12167/12225. Bears will get active below 12000 for a move towards 11930/11875/11810/11777.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 02 Dec is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 12080 for a move back to 12167/12225. Bears will get active below 12000 for a move towards 11930/11875/11810/11777.
Trading Monthly charts
Nifty Bulls need to hold 12010 for trend to remain bullish in Dec month and rally towards 12100/12167/12225.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:12010
Nifty Resistance:12080,12167,12225
Nifty Support:11940,11885,11821
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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