Last Week we gave Chopad Level of 22500 Bank Nifty did all 4 target on downside so Excellent week for Chopad Followers. Coming Week 06 Aug is very important Astro Date.
Bank Nifty Harmonic
Reacted from PRZ Zone waiting for lower targets
Bank Nifty Gann Angles
Broke the triangle pattern on downside and near gann angle support, Break of 21350 another round of fall towards 21000/20750.
Planetary Cycles and Bank Nifty Movements
Heading towards confluence of plannetary suport line at 21623-21580, till below 22000.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 03/06 Aug is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Took Support at lower end of Channel and till holding 21350 bulls have upper hand.
Bank Nifty Monthly Charts
Bulls will become active above 21800 for a move back to 22119,22500,2289.Below 21350 Bears have upperhand can move towards 21000/20708.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:21600
Bank Nifty Resistance:21800,22021,22350,22666
Bank Nifty Support:21350,21120,20850,20601
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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