Technical View: Bank Nifty Weekly Forecast for June Expiry

Last Week we gave Chopad Level of 20449 Bank Nifty did all 3 target on Upside and downside both ,Excellent Week for Chopad Followers. Coming Week 22 June is very important Astro Date.

Bank Nifty Harmonic

Till we are holding 18 June low of 20128 Bulls can rally towards 22000/23000 to complete the pattern.

Bank Nifty Gann Angles

Reacted From Gann Angle resistance.21000-21050 will act as support for coming week.

Planetary Cycles and Bank Nifty Movements

Bulls will become active above 21111 for a move back to 21338,21609,21970,22261.Bears will get active below 21000 for a move towards 20884,20650,20487,20164.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis 22/25 June  is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Bulls will become active above 21111 for a move back to 21338,21609,21970,22261.Bears will get active below 21000 for a move towards 20884,20650,20487,20164.

 Bank Nifty Monthly Charts

Bank Nifty Bull Break of 21300 can see fall towards 22000/22403/1800023000. Bears below 20884 can move back to 20650/20300/20165/19800.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:21111

Bank Nifty Resistance:21338,21609,21970,22261

Bank Nifty  Support:20884,20650,20487,20164

 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 “Technical View: Bank Nifty Weekly Forecast for June Expiry”

  1. Your analysis and briefing about astro movement and solar eclipse are really educational. Good work.

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