Ideas and Weekly Forecast for Nifty 50

By | May 9, 2021 11:00 pm

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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