Nifty Weekly Forecast for July Expiry

Last Week we gave Chopad Levels  of 9951,  Nifty did not gave long entry to Chopad Followers as we made high of 9928 and came back, After the impulsive move we were able to capture this week was no trade for chopad followers as our Chopad level did not trigger.  Lets see How to trade Nifty in coming week as we approach the expiry week and beginning of new time cycle.

Nifty Hourly Chart

As discussed in last analysis For coming week break of 9913 we can move towards 10000/10057/10100. Bearish below 9830 for a move towards 9750/9700.
Nifty did break 9913 on upside but failed

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Why I love Trading

ANYONE who works hard enough and smart enough can achieve both financial and personal freedom

YOU are the only one responsible for your success or failure. Every decision you make is solely up to you.
The stock market is a place where no one can tell you that you can’t buy this or aren’t allowed to buy that; everyone has complete freedom to exercise their choices and take their shot at conquering the market.
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Nifty continue to hold gann support of 9830,EOD Analysis

• FII's bought 2.1 K contract of Index Future worth 215 cores ,4.1 K Long contract were added by FII's and 1.9 K Short contracts were added by FII's. Net Open Interest increased  by 6.1 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. FII's Long to Short Ratio at 2 What goes around comes around

• As discussed in last analysis Bulls and bears are stuck in the range 9930-9830, more we consolidate in range better will be breakout or breakdown, We have new time cycle starting from 23 Jul as we have holiday so effect can be seen either tomorrow or Monday. Long above 9930 for a move towards 9969/10020. Bearish below 9830 for a move towards 9787/9710. High made

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Nifty Continue to trade in range of 9830-9930,EOD Analysis

• FII's sold 7.2 K contract of Index Future worth 539 cores ,3.5 K Long contract were liquidated by FII's and 3.7 K Short contracts were added by FII's. Net Open Interest increased  by 206 contract, so fall in market was used by FII's to exit long and enter short in  Index futures. FII's Long to Short Ratio at 2 Why do 90% of traders lose money?

• As discussed in last analysis  Low made today was 9851 and high made was 9905 so nifty did 9880 target today, Again gann analysis kept us above the curve, Nifty held on the gann angle and showed 70 points bounce, till we are holding gann angle low of 9830-9851 we should move up and made new life high at 9930. Above 9930 target are 9969/10000. Bearish below 9787 for a move towards 9710/9650 High made was 9922 bulls were still not able to cross 9930

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Bank Nifty Analysis as we approach End of Current Time Cycle

As discussed in Last Analysis  Till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. High made today was 24300 so bank nifty again did 24270 and now is heading towards the next target of 24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. Time Cycle will change for bank nifty on 23 July as its is Sunday so we can see effect either tomorrow or Monday.  Why do 90% of traders lose money?

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