Nifty Technical Analysis for coming weeks

NSE:NIFTY   Nifty 50 Index

I have mentioned the important points on zone. In addition to that please keep following things in mind while trading.

1. At current market price we are in no trade zone.
2. Longs created at our time and price bottom can be held for price conformation for exit. As we are approaching the resistance zone just above the price we can experience nice selling pressure.
3. Supply zone above the price can be easily used to design the short trade. :-)
4. One more important thing will happen if price moves to 10126 area. Price will make double top on daily chart which itself is an amazing trading opportunity.
5. If price falls from current point only then Demand zone below the price may offer long opportunity to aggressive traders.
6. Please keep check on dates which i publish in the analysis, these dates give us advantage of time in decision making.
7. Fibonacci levels are also marked on chart.
8. No trade shall be initiated without price conformation. Please take trading calls according to your own trading strategy. I am just trying to highlight the possible points where price may turn the course.

Time analysis...

In last analysis our imp dates were.

"From today following dates may play important role in price trend.

11/8/2017 and 15/8/2017
23/8/2017 and 24/8/2017
1/9/2017 and 4/9/2017"

In coming weeks following dates may play important role in the price trend.

15/9/2017 to 17/9/2017
27/9/2017 to 29/9/2017
9/10/2017 to 11/10/2017

I hope one more time our time calculation will be proven correct
dhananjay.d.joshi dhananjay.d.joshi
@dhananjay.d.joshi price shown single day reaction and continued the trend. Now 19th is imp date and there are no much trading days left so my advice to traders will be be careful with longs. Zones are working perfectly lets wait for nice price move above or below current consolidation range of 10190- 9680.
Not a single day close above entry point.
If market falls from today then on daily chart there will be divergence of MACD happening. Please observe the price action. If price moves up then we have our trade set.
Today and tomorrow is my astrological imp date. Hence observe the price action.
No change to the analysis, as market is moving according to expectation. levels will the same for next few weeks. Channels and zones are also the same. Time analysis is in valid till second week of October.

Price trapped in the two channels. We will have to wait for trending move.
Our time analysis expected market to reverse between 1st to 4th of this month and on 4th we have such a nice down move. But we can still see consolidation or little up move in next 2 days. Let's see.
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