Last Week we gave Chopad level of 17031 Bulls did 2 target on Upside and Bears did not got entry as we opened with gap down so AVERAGE week for chopad followers. Coming week Bayers Rule 9 will become active Bayer Rule 9: Big changes on market are when Mercury passes over 19 degrees 36 minutes of Scorpio and Sagittarius,also over 24 degrees 14 minutes of Capricorn so another big week coming ahead.
Nifty Harmonic Pattern
PRZ Zone at 16613 below 17136
Nifty Gann Angles
Hammer in middle of gann angle break of 16900 can lead to big fall towards 16600
Planetary Cycles and Nifty Movements
Plannetary Support 16900 Resistance 17132
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 27/29 Dec is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Price bounced from lower end of AF
Nifty Monthly Charts
Bulls need to move above 17100 for a move towards 17197/17303. Bears below 16900 move towards 16754/16666
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 16976
Nifty Resistance: 17039,17104,17169,17234,17299
Nifty Support: 16900,16785,16729,16666,16610
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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