Bank Nifty Weekly Forecast for 03-06 Sep

Last Week we gave Chopad of 27100 Bank Nifty did all 1 target on downside and 3 on upside so awesome week for chopad followers.

Bank Nifty Harmonic Pattern

Last week pattern did target on upside, No new pattern observed this week.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Now coming week Bulls need to move above 27521 for a move back to 27800/28100/28300 /28500Bearish below 27300 for a move back to 27121/26900/26666/26450.

Gann Angles

Near Gann Angle Support of 26500 ,holding it can see move back to 27900/28500

Bank Nifty Gann Dates

Bank Nifty As per time analysis 03/05  is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Now coming week Bulls need to move above 27521 for a move back to 27800/28100/28300 /28500Bearish below 27300 for a move back to 27121/26900/26666/26450.

Bank Nifty Monthly

Bank Nifty Bulls need to close above 27600 for trend to reverse and rally towards 27900/28500

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:27370

Bank Nifty  Resistance: 27521,27800,28100

Bank Nifty Support:27121,27000,26765

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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