Nifty Weekly Forecast for 10-14 Sep


Last Week we gave Chopad level of 11701 Nifty gave short entry and did all 2 target on downside, so excellent week for chopad followers. Lets see how we trade nifty in coming week as we approach confluence of time cycle on 10-11 Sep.

Nifty Harmonic

No Valid Harmonic Patter For coming week. Last week pattern got invalidated below 11600

 

Nifty Gann Angles

Reacted perfectly from gann angle resistance

Planetary Cycles and Nifty Movements

 

As Discussed in last analysis Till 11640 is held bulls have upper hand can push index towards 11760/11808/11850. Bearish below 11600 for a move back to 11530/11470.

Bearish target done, As seen in above chart Bullish above 11630 for a move back to 11680/11740/11810. Bearish below 11570 for a move back to 11500/11400.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 10-11 Sep is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

It was negative week, with the Nifty down by 91 points  closing @11589, Finally got a correction after 8 weeks of rally correction on the weekly time cycle .As Discussed in last analysis Its 9 week of rally nifty has done on weekly chart and is approaching the time cycle turn date as shown in blue line in below chart,Trend change is confirmed only on weekly close below 11600. Till 11640 is held bulls have upper hand can push index towards 11760/11808/11850. Bearish below 11600 for a move back to 11530/11470.

Time cycle worked perfectly and we got all bearish target done, Now coming week we are getting the confluence of time cycle on 10-11 Sep suggesting till we are below 11600 Bears have upper had and can push index towards 11530/11470. Bullish above 11630 for a move back to 11680/ 11740/11830/11920.

 

Trading Monthly charts

As Discussed in last analysis  Till we are holding 11600 we can see move back to 11830/11888/11970.

Just closed a tad bit below 11600, Above 11630 we can see move back to 11830/11888/11970. Bearish below 11570 for a mvoe back to 11500/11400/11330.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11565

Nifty Support :11500,11430,11350

Nifty Resistance :11620,11700,11762

Levels mentioned are Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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