NIFTY 50 WEEKLY ANALYSIS

By | October 4, 2021 7:03 am

Last Week We gave Chopad Level of 17886  Nifty gave SHORT  Entry which did all target on DOWNSIDE so EXCELLENT Week for Chopad Followers,We saw the effet of  Mercury Retrograde in Indian and Workd Markets.Coming Week we have Venus at Aphelion and Sun Conjuct Retrograde Mercury so another exiciting week coming.

Nifty Harmonic Pattern

Break of 17452 can see price falling towards 17100.

Nifty Gann Angles

Price touched gann angle resistance zone saw a decent fall also we are entering 89 Week from 12430.

Planetary Cycles and Nifty Movements

Plannetary Support 17452 Resistance 17698

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 04/06 Oct is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price coming back to test the weekly support 17424 crucial for coming week.

Nifty Monthly Charts

Breakout on Monthly Time frame above 17580 for move towards 18025 and Breakdown below 17400 for a move twoards 17132

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 17587

Nifty Resistance: 17642,17729,17832,17956,18025

Nifty Support:17512,17449,17385.,17318,17252

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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