Last Week we gave Chopad Level of 19321 Bank Nifty opened with huge gap up, and unable to initiate the trade.
Bank Nifty Harmonic
Bank Nifty can rally towards 23K above 21600.
Bank Nifty Gann Angles
Resistance at Gann Angles break of 20000 can see fall back to 19000.
Planetary Cycles and Bank Nifty Movements
Bulls will become active above 21320 for a move back to 21610,21900,22201,22500.Bears will get active below 21000 for a move towards 20736,20449,20170.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 08/10 June is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Bulls will become active above 21320 for a move back to 21610,21900,22201,22500.Bears will get active below 21000 for a move towards 20736,20449,20170.
Bank Nifty Monthly Charts
Bank Nifty Bull Break of 21300 can see fall towards 22000/22403/1800023000. Bears below 20800 can move back to 20500/20165/19800.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:21320
Bank Nifty Resistance:21610,21900,22201,22500
Bank Nifty Support:21025,20736,20449,20170
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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