Mercury Ingress : Nifty Weekly Outlook And Trend

By | June 12, 2022 4:05 pm

Last Week We gave Chopad Level of  16469 Nifty 2 target on upside and all target on Downside so Excellent week for chopad Followers as astro and gann date showed there impact. Comign week we have Mercury Ingress,Full Moon and “RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees 0, 3*21,6*42, and 7*0’” suggesting another trending week coming.

Nifty Harmonic Pattern

Price reacted from 16732 and closed below 16353 important support suggesting heading towards 16000/15900.

Nifty Gann Angles

Price closed below gann angle support line 3×1

Planetary Cycles and Nifty Movements

Planneatry resistance line 16300-25 should act as strong Resistance and 16030-16000 act as Strong Support.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

13/16 June are the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Weekly chart  breakodwn below DOJI at Weekly AF Resistance last week.

Nifty Monthly Charts

Bulls need tol hold 16100 for a move back towards 16323/16500. Bears below 16000 for a move towards 15900/15729

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 16005

Nifty Resistance: 16069,16133,16196,16260,16324

Nifty Support: 15941,15877,15813,15743,15666

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success


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