Last Week we gave Chopad of 28225 Bank Nifty did all 3 target on downside so awesome week for chopad followers.
Bank Nifty Harmonic Pattern
27739 target on Bank Nifty till we hold low of 26570.
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Now coming week Bulls need to move above 27070 for a move back to 27300/27540/27739/27900 Bearish below 26900 for a move back to 26800/26666/26450.
Gann Angles
Near Gann Angle Support of 26500 ,holding it can see move back to 27900/28500
Bank Nifty Gann Dates
Bank Nifty As per time analysis 28/30 Aug is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Now coming week Bulls need to move above 27070 for a move back to 27300/27540/27739/27900 Bearish below 26900 for a move back to 26800/26666/26450.
Bank Nifty Monthly
Bank Nifty Bulls need to close above 27300 for trend to reverse and rally towards 27900/28500
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:27100
Bank Nifty Resistance: 27300,27540,27900
Bank Nifty Support:26900,26666,26500
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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