Category Archives: Bank Nifty Technical Analysis

Bank Nifty does 23964 in Impulsive Cycle,Weekly Forecast

By | July 16, 2017

Last Week we gave Chopad Level 23500 Bank Nifty gave Long Entry on Monday  and did the third target by Thursday ,so good week for Chopad followers.As we have been discussing we are in impulsive time cycle and we got the expected 4% move in index in last 2 weeks, So time cycle worked till… Read More »

Bank Nifty does life High holding gann angle,EOD Analysis

By | July 15, 2017

As discussed in Last Analysis   High made today was 23938 so bulls continue to rally, now next levels to watch out are 24025-24048, above which we can move towards 24144/24389 which is the target of this move as per below chart. bearish below 23472 for a move towards 23300/23150. Bank Nifty did a new life… Read More »

Bank Nifty Weekly Forecast for 10-14 July

By | July 9, 2017

Last Week we gave Chopad Level 23300 Bank Nifty gave Short entry on Monday and Tuesday but failed to do  target and triggered Sl. Long above Chopad level on Wedneday did the first target on upside.Lets see How to trade Bank Nifty in coming week Bank Nifty Hourly   As discussed in last analysis We are… Read More »

Bank Nifty Bulls rallies holding Gann Angle

By | July 5, 2017

As discussed in Last Analysis   Low made today was 23163 so bulls protected gann angle again.Bulls should target now 23460/23630 till we are holding the gann angle and also 23100. Bearish below 23100 for a move 22900/22620. As per time cycle analysis we should see impulsive move in next 1-2 days. Low made today was 23205 so… Read More »

Bank Nifty Bulls again protect the gann angle

By | July 4, 2017

As discussed in Last Analysis  Bulls will be breakout above 23254 for a move towards 23460/23630. Bearish below 23100 for a move 22900/22620.  Low made today was 23163 so bulls protected gann angle again.Bulls should target now 23460/23630 till we are holding the gann angle and also 23100. Bearish below 23100 for a move 22900/22620. As… Read More »

Bank Nifty Bulls continue to hold 23100,EOD Analysis

By | July 3, 2017

As discussed in Last Analysis  Bulls will be breakout above 23254 for a move towards 23460/23630. Bearish below 23100 for a move 22900/22620.  Low made today was 23144 so bulls protected gann angle again and closed above the breakout level of 23254. Bulls should target now 23460/23630 till we are holding the gann angle and… Read More »

Bank Nifty continue to hold on to Gann Angle,EOD Analysis

By | July 1, 2017

As discussed in Last Analysis  Bank Nifty moved between the gann angles as shown in below chart, Breakout/breakdown will come when we either break 23100 on downside for a move towards 22900/22600. Breakout above 23476 for a move above 23630/23876. Bank Nifty broke 23100 made low of 22996 failed to do our target of 22900,recovered… Read More »

Bank Nifty corrects 500 points after Price and Time Squares

By | June 28, 2017

As discussed in Last Analysis   Bank Nifty broke 23616 and made low of 23507 before bouncing back and failed to do our target of 23474 missing by 30 points. 24 June was an impulsive turn date and price bouncing from support region as shown in chart, Both Price and Time are meeting again, suggesting if… Read More »