Bank Nifty Weekly Forecast

By | March 31, 2019

Last Week we gave Chopad level of 29500 Bank Nifty  gave Long on Monday did 2 target on Upside so average week for Chopad Followers. Let see how to trade in coming week as we move towards RBI Meeting outcome.

Bank Nifty Astro Time Cycle

Bank Nifty Harmonic Pattern

Till we are holding 30000 Upgraded target 31000/31470

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Bulls now need to close above 30500 above 30727/31000/31200. Bearish below 30200 for the move towards 30000/29800/29500.

Gann Angles

Near Gann Angle Resistance

Bank Nifty Gann Dates

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

Bank Nifty Weekly

As discussed in last analysis Bulls now need to close above 29800 above 29929/30088/30200. Bearish below 29500 for the move towards 29341/29250/29088

Bullish target done, Now Bulls now need to close above 30500 above 30727/31000/31200. Bearish below 30200 for the move towards 30000/29800/29500.

Bank Nifty Monthly

Bulls now need to hold, 30000 for April month  momentum to be in there favor

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:30500

Bank Nifty  Resistance:30671,30846,31000

Bank Nifty Support:30250,29990,29710

Levels mentioned are Bank 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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