Bank Nifty Weekly Prediction for Feb Expiry

Last Week we gave Chopad of 30777 Bank Nifty Did 1 target on downside and 1 target on upside  so Average week for Chopad Followers. Lets see how to trade next week as we have important time cycle date on 26 Feb.

Bank Nifty Harmonic Pattern

Break of 30700 can see fall extending towards 30500/30200/30000.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Coming week Bulls need to move above 31000 for a move back to 31250,31555,31800 Bearish below 30851 for a move back to 30668/30500/30250

Gann Angles

Support at 28800-29000

Bank Nifty Gann Dates

Bank Nifty As per time analysis 23/26 Feb is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Coming week Bulls need to move above 31000 for a move back to 31250,31555,31800 Bearish below 30851 for a move back to 30668/30500/30250

Bank Nifty Monthly

Bank Nifty Bears have upper hand till we close below 31000.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:30851

Bank Nifty Resistance :31000,31250,31555

Bank Nifty Support :30668,30500,30250

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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