Nifty Weekly Forecast as Corona Cases cross 8K In India

By | April 12, 2020 1:48 pm

Last Week we gave Chopad Level of 8270 Nifty opened with gap up did all 3 target on upside  so good week for choapd followers. Coming week we have important astro date on 13 April.

Nifty Harmonic

No Fresh Harmonic Pattern Observed.

Nifty Gann Angles

Resistance in the zone of 9131-9200.

Planetary Cycles and Nifty Movements

Bulls will become active above 9131 for a move back to 9216/9343/9470/9555.Bears will get active below 8990 for a move towards 8868/8746/8610/8470

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 13/15 April  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 9131 for a move back to 9216/9343/9470/9555.Bears will get active below 8990 for a move towards 8868/8746/8610/8470

Trading Monthly Charts

Nifty Bulls need to hold 8746-8800 range for the rally to continue towards 9470.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:8990

Nifty Resistance :9131,9216,9343,9470

Nifty Support :8868,8746,8604,8464

 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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2 thoughts on “Nifty Weekly Forecast as Corona Cases cross 8K In India

  1. Vijay

    Last week it opened gap up and never came near to 8270. When this scenario happens, how will we enter?

    Reply

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