Bank Nifty Weekly Forecast for March Expiry

By | March 24, 2019 9:00 pm

Last Week we gave Chopad level of 29430 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 new time cycle starting as seen in below video.

Nifty Price Time Cycle from 23 March

Bank Nifty Harmonic Pattern

Till we are holding 29341 Upgraded target 29791/30124

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

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

Gann Angles

Near Gann Angle Resistance

Bank Nifty Gann Dates

Bank Nifty As per time analysis 26/29 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 201 points  closing @29582 .As discussed in last analysis Bulls now need to close above 29430 above 29650/29791/29929/30088. Bearish below 29250 for the move towards 29088/28944/28800

30K done.Bulls now need to close above 29800 above 29929/30088/30200. Bearish below 29500 for the move towards 29341/29250/29088

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:29500

Bank Nifty  Resistance:29650,29791,30096

Bank Nifty Support:29341,29125,29000

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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