Union Budget 2022:Nifty Weekly Trend and Outlook

By | January 31, 2022 8:22 am
Last Week we gave Chopad Level  17508 Nifty Bears were able to do all target on DOWNSIDE so Excellent Week for Chopad Followers as Mars and Mercury Ingress and 3 Bayers Rule Lead to big fall in Indices.  Coming Week we will have Union Budget on 01 so exciting week coming ahead. 

Important Links

How BANK Nifty Performed On Budget Days Over Last 18 Years

How Nifty Performed On Budget Days Over Last 20 Years

Nifty And Bank Nifty Options Buying Strategy To Play The Union Budget 2022

Nifty Harmonic Pattern

Till 17576 is not captured we can see fall towrads 16800/16410/16100.

Nifty Gann Angles

Price back to middle of gann angle support.

Planetary Cycles and Nifty Movements

Plannetary Support 16900 Resistance 17325

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 31 Jan/03 Feb is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price gave the big move as per expectation and took support at AF Line.

Nifty Monthly Charts

Nifty Bulls need to move above 17225-17265 have upper hand,Bears below 17000 have upper hand.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 17226

Nifty Resistance: 17355,17485,17615,17745

Nifty Support: 17109,16978,16846,16714,16582

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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