Bank Nifty Weekly Forecast for 18-22 March

By | March 17, 2019

Last Week we gave Chopad level of 27795 Bank Nifty gave Long on Monday did 3 target on Upside so EXCELLENT week for Chopad Followers and we also saw the effect of  Gann 10 Year Cycle.Let see how to trade in coming week as we see Mercury Sun Conjunction Astrological Phenomenon showing effect.

Financial Astrology: Mercury Sun Conjunction To Trade Nifty and Bank Nifty

Capturing Bank Nifty 1700 points Swing using W D Gann Time Cycle

Bank Nifty Harmonic Pattern

Till we are holding 29000   Upgraded target 29791/30124

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

All Bullish target done.Bulls now need to close above 29430 above 29650/29791/29929/30088. Bearish below 29250 for the move towards 29088/28944/28800

Gann Angles

Near Gann Angle Resistance

Bank Nifty Gann Dates

Bank Nifty As per time analysis 18/22 Mar is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

It was positive week, with the Bank Nifty up by 1691 points  closing @29381  .As discussed in last analysis For coming week All Bullish target done.Bulls now need to close above 27790 above 28080/28370. Bearish below 27650 for the move towards 27500/27370.

All Bullish target done.Bulls now need to close above 29430 above 29650/29791/29929/30088. Bearish below 29250 for the move towards 29088/28944/28800

Bank Nifty Monthly

As discussed in last analysis Bulls now need to close above 27790 above 28080/28370. Bearish below 27500 for the remaining part of the month.

Bulls now need to close above 29430 for mometeum to be in there favor

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:29430

Bank Nifty  Resistance:29584,29791,30096

Bank Nifty Support:29250,29088,28944

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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