Bank Nifty Weekly Forecast

Last Week we gave Chopad of 29600 Bank Nifty did all 3 target on Upside so awesome week for chopad followers. Coming week we are approaching important time cycle date suggesting big move round the corner.

Bank Nifty Harmonic Pattern

Till we are holding 30050 we can rally towards 32k.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Coming week Bulls need to move above 30500 for a move back to 30700/31000/31386. Bearish below 30000 for a move back to 29800/29670/29500/29300/29100.

Gann Angles

Support in range of 29900-30000

Bank Nifty Gann Dates

Bank Nifty As per time analysis 03/07 Nov  is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Coming week Bulls need to move above 30500 for a move back to 30700/31000/31386. Bearish below 30000 for a move back to 29800/29670/29500/29300/29100.

Bank Nifty Monthly

Bank Nifty Bulls need to close above 30500 for rally towards 31100/31700

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:30500

Bank Nifty  Resistance: 30700,31050,31500

Bank Nifty Support:30300,30050 ,29700

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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2 thoughts on “Bank Nifty Weekly Forecast”

  1. Your chopad levels are quite good but I want to know how to keep stop loss for the same. If you take today’s example 30500 was taken on up side and before touching 1st target it came down and went down till 30300 which is another target on downside.

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