Last Week we gave Chopad Level of 22300 Bank Nifty nifty opened with a gap up low made was 22410 so NO Trade for Chopad Followers. Bank Nifty continue its uptrend and rallied another almsot 2000 points,coming week 02 Sep is important time cycle date.
Bank Nifty Harmonic
Price can rally towards 26000 levels based on PRZ Zone till we are holding 23800.
Bank Nifty Gann Angles
We got the big move as per expecation
Planetary Cycles and Bank Nifty Movements
Price is near planneatry line resistance again,Break of 24649 for a move back to 24964,25281,25600,25921
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 02 Sep is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
breakout above higher end of Channel and almost 10% rally,
Bank Nifty Monthly Charts
Bulls will become active above 22649 for a move back to 24964,25281,25600,25921.Below 24336 Bears have upperhand can move towards 24025,23716,23409.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:24649
Bank Nifty Resistance:24964,25281,25600,25921
Bank Nifty Support:24336,24025,23716,23409
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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