NIFTY Weekly Technical for 10-14 Jan

By | January 9, 2022 9:18 pm

Coming week we have Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. and Bayer Rule 19: We have tops when Venus in geocentric position passes the conjunction with the Sun. and Venus Minimum distance from earth suggesting Auto /Luxury Sector should be in Focus.

Nifty Harmonic Pattern

PRZ Zone at 18392 till 17610 is held.

Nifty Gann Angles

Breakout heading towards upper side of gann angle.

Planetary Cycles and Nifty Movements

Plannetary Support 17666 Resistance 17954

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 10/14 Jan is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price bounced from lower end of AF

Nifty Monthly Charts

Till 17713 is held bulls have upper hand towards 18043/18275. Bears below 17664 for a move towards 17610/17555.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 17888

Nifty Resistance: 17956,18040,18100,18156,18225

Nifty Support: 17763,17713,17664,17610,17555

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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