Bank Nifty Weekly Forecast

By | April 7, 2019

Last Week we gave Chopad level of 30500 Bank Nifty  gave Short on Monday did 2 target on Downside and Long Triggered got Stopped out so average week for Chopad Followers. Let see how to trade in coming week.

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 need to move above 30190 for a move back to 30333/30577/30700. Bearish below 29790 for a move back to 29500/29300.

Gann Angles

Near Gann Angle Support

Bank Nifty Gann Dates

Bank Nifty As per time analysis 12 Apr is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

As discussed in last analysis Now Bulls now need to close above 30500 above 30727/31000/31200. Bearish below 30200 for the move towards 30000/29800/29500.

Bearish target 28800 done. Now coming week bulls need to move above 30190 for a move back to 30333/30577/30700. Bearish below 29790 for a move back to 29500/29300.

Bank Nifty Monthly

Bulls now need to close above 30500  in April month momentum to be in there favor towards 31000/31500. Bears will get active below 29800 for a move back to 29500/29250.

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:30190

Bank Nifty  Resistance:30333,30555,30700

Bank Nifty Support:30000,29800,29666

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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