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.
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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