Bank Nifty Weekly Forecast

By | July 28, 2019

Last Week we gave Chopad level of 29710 Bank Nifty opened with gap down and did not give chopad followers to enter. Let see how to trade on in coming week as we have important time cycle confluence  on 29 July as discussed in below video.

Bank Nifty Harmonic Pattern

Bullish ABCD pattern holding 29000 move towards 29943

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Now coming week Bulls need to move above 29383 for a move back to 29555/29700/29952 Bearish below 29200 for a move back to 29000/28800/28555.

Gann Angles

Near Gann Angle Support of 29000,holding it can see move back to 29710/29900.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 29 July is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Now coming week Bulls need to move above 29383 for a move back to 29555/29700/29952 Bearish below 29200 for a move back to 29000/28800/28555.

Bank Nifty Monthly

We have monthly close in coming week Bulls will try to touch 29952 in coming week.

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:29383

Bank Nifty  Resistance: 29555,29700,29920

Bank Nifty Support:29200,28919,28666

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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