Bank Nifty Weekly Forecast for 14-18 Oct

By | October 13, 2019

Last Week we gave Chopad of 27900 Bank Nifty did all 3 target on Upside so awesome week for chopad followers. Coming week we are nearing confluence of time cycle date on 17-18 Oct

Bank Nifty Harmonic Pattern

Till we are holding 27600 we can rally towards 32k.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Coming week Bulls need to move above 28160 for a move back to 28300/28520/28700/29000/29386. Bearish below 27900 for a move back to 27777/2750027300/27100/26000.

Gann Angles

Support in range of 26500-26800.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 14/17 Oct is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Coming week Bulls need to move above 28160 for a move back to 28300/28520/28700/29000/29386. Bearish below 27900 for a move back to 27777/2750027300/27100/26000.

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:28160

Bank Nifty  Resistance: 28400,28744,29000

Bank Nifty Support:27900,27666 ,27444

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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