Category Archives: Bank Nifty Gann Analysis

Bank Nifty Analysis as we approach End of Current Time Cycle

By | July 20, 2017

As discussed in Last Analysis  Till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. High made today was 24300 so bank nifty again did 24270 and now is heading towards the next… Read More »

Bank Nifty Continue to make life high, holding 24000

By | July 19, 2017

As discussed in Last Analysis  Bank nifty again did a close above 24000 even when nifty corrected almost 100 points, and in process did the next target of 24120. Now till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty, … Read More »

Bank Nifty Bulls continue to close above 24000

By | July 18, 2017

As discussed in Last Analysis  Till 23760 is held bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100.Many traders want to short market as it has gone up significantly, but let the market show some sign… Read More »

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 continue its rally above 23550,EOD Analysis

By | July 13, 2017

As discussed in Last Analysis   High made today was 23736 so bank nifty again did our breakout target twice in 2 days. Now we are heading towards 23964/24144 till we held on to 23550. Bearish below 23300 for a move towards 23150/23000. As per time cycle till we are holding todays low of 23530 bulls… Read More »

Bank Nifty ready to move towards 24000,EOD Analysis

By | July 12, 2017

As discussed in Last Analysis   Bank Nifty consolidated in small range today and till 23540 is held we can again head towards 23630/23720. Low made today was 23554 so bulls held on to 23540 as shown in below chart near gann angle. Bearish below 23300 for a move towards 23150/23000. High made today was 23736 so… Read More »

Bank Nifty does 23720 breaking gann angle,EOD Analysis

By | July 10, 2017

As discussed in Last Analysis   Close above todays high 23540  will lead to breakout in  Bank Nifty for next move towards 24000 as shown in below chart, Low made today was 23400 and high made was 23492 so bank nifty formed an inside bar pattern. Bullish above 23540 for a move towards 23630/23720/23900.  Bearish below… Read More »