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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