Last Week we gave Chopad Level 21500 Bank Nifty gave Long entry chopad followers and did 1 target on Upside. Lets Analyze how to trade Nifty in coming week.
Bank Nifty Hourly
Coming week 21350 needs to be hold for a move till 21800/22000. Below 21350 fall till 21200/21000
Bank Nifty Harmonic Pattern
Bulls need to hold 21220-230 for a move till 21850/21890.
Supply and Demand Analysis
21180-21200 imp Support zone.
21500 done now bulls need to hold 21220-21250 for a move till 21800/22000
Bank Nifty Gann Dates
Bank Nifty As per time analysis 11/13 April is Gann Turn date , except a impulsive around this dates.
Bank Nifty Weekly
It was negative week, with the Bank Nifty down by 13 points closing @21431 . Now for coming week bulls need to hold 21300-21350 range for the upmove towards 21600/21800. Bears below 21200 can push bank nifty to 21000/20850.
Bank Nifty Monthly
Monthly chart needs to hold 20500, Bulls to continue have upperhand towards 22000
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:21510
Bank Nifty Resistance:21620,21810,21920
Bank Nifty Support:21350,21151,21000
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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