We have Venus Ingress tommrow and Jupiter Ingress on 12 May suggesting both Nifty and Bank Nifty should see trending move in coming week.
Nifty Harmonic Pattern
Holding 14729 price heading towards 15100/15225.
Nifty Gann Angles
Price bounced from support zone
Planetary Cycles and Nifty Movements
Price bounced from support zone.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 10/12 May is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Price moved above weekly support zone.
Trading Monthly Charts
Monthly Chart below 14727 Bears have upper hand.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 14943
Nifty Resistance: 15000,15055,15120,15200
Nifty Support:14860,14789,14729,14666,14610
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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