Last Week we gave Chopad level of 29500 Bank Nifty gave Long on Monday did 2 target on Upside so average week for Chopad Followers. Let see how to trade in coming week as we move towards RBI Meeting outcome.
Bank Nifty Astro Time Cycle
Bank Nifty Harmonic Pattern
Till we are holding 30000 Upgraded target 31000/31470
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Bulls now need to close above 30500 above 30727/31000/31200. Bearish below 30200 for the move towards 30000/29800/29500.
Near Gann Angle Resistance
Bank Nifty Gann Dates
Bank Nifty As per time analysis 01/05 Apr is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
As discussed in last analysis Bulls now need to close above 29800 above 29929/30088/30200. Bearish below 29500 for the move towards 29341/29250/29088
Bullish target done, Now Bulls now need to close above 30500 above 30727/31000/31200. Bearish below 30200 for the move towards 30000/29800/29500.
Bank Nifty Monthly
Bulls now need to hold, 30000 for April month momentum to be in there favor
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:30500
Bank Nifty Resistance:30671,30846,31000
Bank Nifty Support:30250,29990,29710
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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