Last Week we gave Chopad of 29900 Bank Nifty did all 3 target on downside so awesome week for chopad followers. Coming week we have trading holiday on 08 Oct and important astro date on 10 Oct.
Bank Nifty Harmonic Pattern
Unable to close above 28100 can see decline towards recent lows.
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Coming week Bulls need to move above 27900 for a move back to 28100/28300/28500. Bearish below 27600 for a move back to 27300/27100/26000.
Gann Angles
Support in range of 26500-26800.
Bank Nifty Gann Dates
Bank Nifty As per time analysis07/10 Oct is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Coming week Bulls need to move above 27900 for a move back to 28100/28300/28500. Bearish below 27600 for a move back to 27300/27100/26000.
Bank Nifty Monthly
Bank Nifty Bulls need to close above 28100 for rally towards 28800/29300
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:27900
Bank Nifty Resistance: 28100,28350,28500
Bank Nifty Support:27666,27500 ,27200
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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