Bank Nifty Weekly Forecast for November Expiry

Last Week we gave Chopad of 31150 Bank Nifty did 2 target on Upside and got Stopped out on downside so average week for chopad followers. Lets Analyze how to trade in coming week as we have important time cycle date of 26 Nov..

Bank Nifty Harmonic Pattern

Till we are below 30551 bears can see a fall toawrds 30700/30500.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Coming week Bulls need to move above 31200 for a move back to 31500/31718/32000. Bearish below 31000 for a move back to 30851/30500/30225/30000.

Gann Angles

Facing lot of resistance at gann angle, unable to close above it fall towards 30500/30000.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 26 Nov  is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Coming week Bulls need to move above 31200 for a move back to 31500/31718/32000. Bearish below 31000 for a move back to 30851/30500/30225/30000.

Bank Nifty Monthly

Bank Nifty Bears need to close below 31200 for fall towards 30700/30500/30225/30000.

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:31200

Bank Nifty  Resistance: 31420,31700,32000

Bank Nifty Support:31000,30851,30500.

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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