Nifty Weekly Forecast in RBI Policy Week

Last Week we gave Chopad level of 11400  Nifty  gave Long on Tuesday did 3 target on Upside so Excellent week for Chopad Followers. Let see how to trade in coming week as we move towards RBI Meeting outcome.

Nifty Harmonic

Till 11225 is held we can achieve the higher target of 11760/11849.

Nifty Gann Angles

Heading towards zone of resistance in range of 11666-11680.

Planetary Cycles and Nifty Movements

Coming Week Bulls need to trade above 11666 for a move back to 11740/11832. Bears will get active below 11550 for a move back to 11485/11410/11370/11310.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  01/05 April  is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

As discussed in Last Analysis Now Bulls will get active above 11600 for a move back to 11666/11760. Bearish for  11400 for a move back 11333/11276/11230/11166/11100

11333 done and 11632 done on upside. Coming Week Bulls need to trade above 11666 for a move back to 11740/11832. Bears will get active below 11550 for a move back to 11485/11410/11370/11310.

Trading Monthly charts

Bulls need to hold 11350-11360 range for whole of April month for bulls to keep an upper hand.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11600

Nifty Resistance:11666,11740,11840

Nifty Support:11516,11462,11410

Levels mentioned are Nifty Spot