Nifty Weekly Forecast for 02-06 Dec

By | December 1, 2019 5:50 pm

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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