Bank Nifty Weekly Forecast for 12-16 Oct

Last Week we gave Chopad Level of 22055 Bank Nifty did not come near our CHOPAD Level as it Opened gap Up but 07 Oct Time Cycle worked nicely as we saw  800 points move after that. .As coming week we have important time cycle date on 13 Oct so exciting week coming ahead.

Bank Nifty Harmonic

Bounced from the Harmonic Level

Bank Nifty Gann Angles

Back to Trendline Resistance

Planetary Cycles and Bank Nifty Movements

Price bounced perfectly from Venus planneatry line Purple line.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis 13/15 Oct is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Broken the weekly resistance zone.

 Bank Nifty Monthly Charts

Monthly candle heading to Resistance zone.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:23910

Bank Nifty Resistance:24100,24420,24666,24999

Bank Nifty  Support:23610,23376,23100,22800

 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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