Last Week we gave Chopad Level of 22200 Bank Nifty gave multiple entry on both long and short side did 2 target on Short Side and 1 on Long Side so AVERAGE Week for Chopad Followers.As Sun Ingress,Mercury at Aphelion and Monthly Expiry good move should be seen in coming week.
Bank Nifty Harmonic
No Valid Harmonic Pattern Seen.
Bank Nifty Gann Angles
Price back to gann support,break of 22200 can see impulsive fall as this support has held for multiple times.
Planetary Cycles and Bank Nifty Movements
Price took support Venus planneatry line Support Purple line.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 22 Sep is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price corrected from 200 Weekly Moving Average and broken support at weekly channel,21360 should be watched in coming week.
Bank Nifty Monthly Charts
Monthly candle corrected from Fibo Resistance zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:21900
Bank Nifty Resistance:22111,22300,22555,22760
Bank Nifty Support:21650,21360,21150,21000
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.
Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section
Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863
Follow on Twitter during Market Hours: https://twitter.com/brahmesh