Technical View: Bank Nifty Weekly Forecast

Last Week we gave Chopad Level of 21111 Bank Nifty did all 2 target on Upside and got Stop-out on  downside both ,Average Week for Chopad Followers. Coming Week 30 June is very important Astro Date.

Bank Nifty Harmonic

No Valid Harmonic Pattern Seen.

Bank Nifty Gann Angles

Reacted From Gann Angle resistance.21100-21150 will act as support for coming week.

Planetary Cycles and Bank Nifty Movements

Bulls will become active above 21320  for a move back to 21609,21970,22261.Bears will get active below 21150 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 30 June  is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Bulls will become active above 21320  for a move back to 21609,21970,22261.Bears will get active below 21150 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 21150 can move back to 20650/20300/20165/19800.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:21320

Bank Nifty Resistance:21500,21666,21970,22261

Bank Nifty  Support:21150,20884,20650,20487,20164

 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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