Last Week we gave Chopad Level of 14410 Nifty gave Short trade at Chopad Level did all target on downside so “EXCELLENT WEEK” for Chopad Followers and we saw Impact of Astro and Gann date as discussed. Next we will have Union Budget 2021 so another big move will be seen.
A look at history: Nifty on budget day
A look at history: Bank Nifty on budget day
Nifty Harmonic Pattern
No Valid Harmonic Pattern Observed
Nifty Gann Angles
13323 is Gann Angle Support need to watch this level.
Planetary Cycles and Nifty Movements
Price heading to Plannetary support of 13323/13131 on break of 13585.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 01/04 Feb is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Nifty did all target on downside as per last week analysis. Now Bears below 13585 can do 13323/13131/13000. Bulls above 13771 for a move towards 13907/14042/14150.
Trading Monthly Charts
Monthly Chart has formed a Shoting Star Pattern which will have bearish implication if unable to close above 13966 towards 12838.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 13608
Nifty Resistance: 13776,13944,14112,14280
Nifty Support:13440,13323,13225,13131,12936
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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All targets done just in a single session !!…What to do in next 4 days ???
sit and njoy your gains…