Nifty Weekly Forecast as Multiple Astro and Gann Events Line up

By | May 16, 2021 6:39 pm

Last Week We gave Chopad Level of  14943  Nifty gave Long Entry which got stopped out and Short got Triggred on Monday and all targets were done on downside so excellent week for Chopad Followers. We have Mercury at Greatest Elong,Sun Ingress,Multiple Aspect of Sun and Gann Important cycle coming in next week suggesting another  trending move can be seen in coming week.

Nifty Harmonic Pattern

Middle of the harmonic pattern price need to move above 14750 for bullish trend to come.

Nifty Gann Angles

Price taking resistance at gann angles.

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 17/20 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 14750 Bears have upper hand.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 14743

Nifty Resistance: 14821,14888,14943,15025

Nifty Support:14666,14610,14555,14485,14400

 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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