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.
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
Levels mentioned are Nifty Spot