Nifty Weekly Outlook and Trend for 09-13 May

By | May 8, 2022 7:11 pm

Last Week we have Chopad Level of 16982  Bullls were able to do 1 target on upside and Bears did all target on downside so we excellent week for chopad followers. Coming week 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 1: The trend changes when Mercury changes its direction and Mercury Retrograde and Double Ingress suggesting big move will be seen again in the market.

Nifty Harmonic Pattern

Price is near PRZ Zone above Friday’s High can be strong reversal.

Nifty Gann Angles

Price near gann angle weekly support.

Planetary Cycles and Nifty Movements

Planneatry resistance line 16323-16340 should act as strong support and 16500-16525 act as Strong Resistance.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

10 /12 May are the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Weekly chart at Weekly AF Support.

Nifty Monthly Charts

Bulls need move above 16615  for a move towards 17898/17181. Bears below 16237 for a move towards 16000/15800.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 16227

Nifty Resistance: 16291,16355,16420,16484,16596

Nifty Support: 16163,16099,16034,15970

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success


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