Last Week we gave Chopad level of 29430 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 new time cycle starting as seen in below video.
Nifty Price Time Cycle from 23 March
Bank Nifty Harmonic Pattern
Till we are holding 29341 Upgraded target 29791/30124
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Bulls now need to close above 29800 above 29929/30088/30200. Bearish below 29500 for the move towards 29341/29250/29088
Near Gann Angle Resistance
Bank Nifty Gann Dates
Bank Nifty As per time analysis 26/29 Mar is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
It was positive week, with the Bank Nifty up by 201 points closing @29582 .As discussed in last analysis Bulls now need to close above 29430 above 29650/29791/29929/30088. Bearish below 29250 for the move towards 29088/28944/28800
30K done.Bulls now need to close above 29800 above 29929/30088/30200. Bearish below 29500 for the move towards 29341/29250/29088
Bank Nifty Monthly
As discussed in last analysis Bulls now need to close above 27790 above 28080/28370. Bearish below 27500 for the remaining part of the month.
Bulls now need to close above 29430 for mometeum to be in there favor
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:29500
Bank Nifty Resistance:29650,29791,30096
Bank Nifty Support:29341,29125,29000
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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