Bank Nifty Weekly Forecast for Sep Expiry

By | September 20, 2020 6:06 pm

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

Category: Bank Nifty Weekly Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

Leave a Reply