Category Archives: Bank Nifty Gann Analysis

Bank Nifty Weekly Outlook for March Expiry

By | March 26, 2017

Last Week we gave Chopad Level 21201 Bank Nifty made exact high of 21202 and gave perfect entry chopad followers and made low of 20754 near our last target of 20750 rewarding disciplined chopad followers. As discussed in last analysis  as we enter a crucial time cycle 20-29 March for bank nifty, expect 500-800 points… Read More »

Bank Nifty bounces 300 points from 20870,EOD Analysis

By | March 25, 2017

As discussed in Last Analysis  Now Bulls should keep eye on 20870 levels, above it only we can see move towards 21000/21200. Bearish below 20720 for a move till 20670/20550. Low made today was 20775 and High made was 20934 and closed above 20870. Now Bank Nifty should move towards 20981/21093/21205 another attempt to close above… Read More »

Will Bank Nifty give Weekly close above 21000,EOD Analysis

By | March 23, 2017

As discussed in Last Analysis  Now Bulls should keep eye on 20870 levels, above it only we can see move towards 21000/21200. Bearish below 20720 for a move till 20670/20550. Low made today was 20775 and High made was 20934 and closed above 20870. Now Bank Nifty should move towards 20981/21093/21205 another attempt to close above… Read More »

Bank Nifty break the gann angle with gap down,EOD Analysis

By | March 22, 2017

As discussed in Last Analysis  Big move can be seen in next 2 days as per time cycle. Bank Nifty broke 21000 today made low of of 20967 but closed above 21000 thus whipsawing traders who took short trades. Close is above 21000 and also near gann angles suggesting big move round the corner. Longs can… Read More »

Bank Nifty continue to hold 21000, EOD Analysis

By | March 21, 2017

As discussed in Last Analysis   We are also approaching the gann angle support so if 21000-21040 range is held we can again see a bounce back. Long can be taken in the range of 21040-21000 range if and when it comes for a move towards 21200/20300. Breakout on close above 21300 for a move towards… Read More »

Bank Nifty near Gann Support, Will it bounce or breakdown ?

By | March 20, 2017

As discussed in Last Analysis  Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. High made today was 21202 and low made was 21084 so we continue to trade in the range, We are also approaching the gann angle support so if 21000-21040 range is held we can… Read More »

Bank Nifty Weekly Forecast for 20-24 March

By | March 19, 2017

Last Week we gave Chopad Level 21428 Bank Nifty did not give the entry as per chopad levels hence traders trading on chopad levels did not got the entry. Lets analyze how to trade next week as we enter a crucial time cycle 20-29 March for bank nifty, expect 500-800 points move in next 2… Read More »

Bank Nifty continue to trade rangebound, EOD Analysis

By | March 16, 2017

As discussed in Last Analysis  21000 will become an important support on lower side, break of 21000 can see fast move towards 20900/20750. Higher side move above todays high of 21274 can see fast move towards 21400/21500 where is gann angle resistance.  Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a… Read More »

Bank Nifty forms Inside bar pattern,EOD Analysis

By | March 15, 2017

As discussed in Last Analysis  21000 will become an important support on lower side, break of 21000 can see fast move towards 20900/20750. Higher side move above todays high of 21274 can see fast move towards 21400/21500 where is gann angle resistance. Bank Nifty made low of 21063 and high made today was 21216 so… Read More »