Last Week we gave Chopad of 12260 Nifty did 2 target on downside and got stopped out on Upside so Average week for Chopad followers. Lets Analyze how to trade in coming week as Iran Declare War on USA.
Nifty Yearly Outlook and Forecast for 2020
Nifty Harmonic
Heading towards PRZ zone of 12351/12400.
Nifty Gann Angles
Break of Gann Angle heading towards gann cycle completion of 12351.
Planetary Cycles and Nifty Movements
Bulls will become active above 12260 for a move back to 12300/12351/12430/12600.Bears will get active below 12200 for a move towards 12120/12050/12000.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 07 Jan Jan is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Bulls will become active above 12260 for a move back to 12300/12351/12430/12600.Bears will get active below 12200 for a move towards 12120/12050/12000.
Trading Monthly charts
Nifty Bulls heading needs to hold 12100 else we can see fall towards 11910
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level:12200
Nifty Resistance:12250,12321,12390
Nifty Support:12151,12090,12020
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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