NIFTY 50 Weekly Technical Analysis

By | March 27, 2022 3:11 pm

Last Week we gave Chopad Level  17437 Nifty Bears were able to do all target on Downside so Excellent Week for Chopad Followers. Coming week we have Mercury Ingress and Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees and 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 with Monthly Expiry and Financial Year closing suggesting another big move will be seen. 


Nifty Harmonic Pattern

Bearish ABCD pattern formed till price below 17300 Bears have upper hand.

Nifty Gann Angles

Planetary Cycles and Nifty Movements

16980-17011 weekly planneatry support zone. 1720-17300 is weekly resistance zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

28 March are the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price Took resistance at Weekly AF line but closed just below 20 WSMA

Nifty Monthly Charts

Bulls need to move above 17290-17300 for a move towards 17555 Bears below 17174 for a move towards 17100/17020

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 17178

Nifty Resistance: 17244,17310,17376,17442

Nifty Support: 17112,17046,16980,16914

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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